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A cooperative files Form 1099-PATR Taxable Distributions Received From Cooperatives for each person paid at least $10 in dividends and other distributions.

Patronage dividends and other distributions in Boxes 1, 2, 3, and 5 from a cooperative are reported on Schedule C (Form 1040) Profit or Loss From Business, Schedule F (Form 1040) Profit or Loss From Farming, or Form 4835 Farm Rental Income and Expenses. See Statements to Recipients in the IRS Instructions for Form 1099-PATR for additional information.

To report Form 1099-PATR on Schedule C:

  1. From within your TaxAct return (Online or Desktop), click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
  2. Click the Business Income dropdown, then click Business income or loss from a sole proprietorship.
  3. Click + Add Schedule C to create a new copy of the form or click Edit to edit a form already created (desktop program: click Review instead of Edit).
  4. Continue with the interview process until you reach the screen titled We need to know if [Name] received any of these for their work in 2021, then click Other Income.
  5. On the screen titled Business Income - Other Income, click the field below Other income and type the Form 1099-PATR amount.

To report Form 1099-PATR on Schedule F:

  1. From within your TaxAct return (Online or Desktop), click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
  2. Click the Business Income dropdown, then click Farming income or loss.
  3. Click + Add Schedule F to create a new copy of the form or click Edit to edit a form already created (desktop program: click Review instead of Edit).
  4. Continue with the interview process until you reach the screen titled Farm Income - Income, then click Yes.
  5. On the screen titled Farm Income - Cooperative Distributions, enter the Form 1099-PATR amounts.

To report Form 1099-PATR on Form 4835 for farm rental:

  1. From within your TaxAct return (Online or Desktop), click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
  2. Click the Rent or Royalty Income dropdown, then click Farm rental for crop shares.
  3. Click + Add Form 4835 to create a new copy of the form or click Edit to edit a form already created (desktop program: click Review instead of Edit).
  4. On the screen titled Farm Rental - Income, click Yes.
  5. On the screen titled Farm Rental - Cooperative Distributions, enter the Form 1099-PATR amounts.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.


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