Do I report my Form 1099-PATR on Schedule F?
If a cooperative has paid at least $10 in patronage dividends and other distributions to you, you should receive a Form 1099-PATR.
If the patronage dividends and other distributions you received are related to your farming income, you can report this on your Schedule F where we ask for Cooperative Distributions.
If it is not related to a farm, report it as Business Income on a Schedule C under gross receipts NOT reported on a 1099.
Menu Path: Income > Business / Rental Income > Farm Income (Schedule F)
Menu Path: Income > Business / Rental Income > Business Income (Schedule C)
If the patronage dividends and other distributions you received are related to your farming income, you can report this on your Schedule F where we ask for Cooperative Distributions.
If it is not related to a farm, report it as Business Income on a Schedule C under gross receipts NOT reported on a 1099.
Menu Path: Income > Business / Rental Income > Farm Income (Schedule F)
Menu Path: Income > Business / Rental Income > Business Income (Schedule C)
