Enter Title

Form 1099-PATR

What is Form 1099-PATR?

Form 1099-PATR is an important form that reports the cooperative and business income of taxpayers’ tax returns during a particular tax year. Taxpayers would receive Form 1099-PATR if, in the previous year were paid at least $10 in patronage dividends and other distributions by a cooperative as described in the Internal Revenue Code (IRS). The IRS requires that all income, deductible, penalties, or expenses are reported by businesses and individuals.

Distributions from cooperatives passed through to their patrons including any domestic production, activities, deduction, and certain pass-through credits. 1099-PATR forms must be mailed to recipients by February 15 and e-filed with the IRS by March 31 each year.

How to File Form 1099-PATR?

What will be needed to file Form 1099-PATR,

Taxpayer's (PAYER/RECIEPIENT) information
Account number
Dividends and credit information
Deductions

Patronage dividends and other distributions are reported on Schedule C Form 1040 this form is used to report profits or losses from the business. Schedule F Form 1040 reports profits or losses from Farmers, Form 4835 is used for Farm Rental Income and Expenses.

Filer Instructions

Box 1: Patronage Dividends

Box 2: Nonpatronage Distributions

Box 3: Per-Unit Retain Allocations

Box 4: Federal Income Tax Withheld

Box 5: Redeemed Nonqualified Notices

Box 6: Section 199A(g) Deduction

Box 7: Qualified Payments

Box 8: Section 199A(a) Qualified Items

Box 9: Section 199A(a) SSTB Items

Box 10: Investment Credit

Box 11: Work Opportunity Credit

Box 12: Other Credits and Deductions

Box 13: Specified Cooperatives

Who can use Form 1099-PATR?

Cooperatives file form 1099-PATR, for taxable distributions received for each person to whom the cooperative has paid at least $10 in patronage dividends and other distributions described in section 6044(b) or from whom the filer withheld any federal income tax under the backup withholding rules regardless of the amount of the payment.

Form 1099-PATR is often used to

- report dividends associated with farms.
- show the taxpayer’s share of the deduction
- file federal income tax withheld in connection with a cooperative.

Form 1099-PATR obtains three copies of the form the first copy will be for the IRS the second copy is for the recipient and the last copy is for the payer.

Tax2efile is equipped to help you handle numerous filing requirements and we will be happy to help you do your filling. We also offer printing and mailing services to complete the process for you.

Form 1099-PATR deadlines

Filing Type	Deadline (Due Date 2022)
Recipient copy	January 31, 2022
IRS Paper Filing	February 28, 2022
IRS Electronic Filing	March 31, 2022

Note: : If the due date/deadline falls on a Saturday, Sunday, or public holiday, the filler will need to E-file on the next business day.

Tax2efile is equipped to help you handle numerous filing requirements and we will be happy to help you do your filling. We also offer printing and mailing services to complete the process for you.

1099-PATR Form

Register for free to E-file Forms 1099-PATR, 1099-K, 1099-Q, 1099-G, 1099-H, 1099-C, 1099-SA, 1099-B, 1099-A, 1099-R, 1099-OID, 1099-DIV, 1099-INT, 1099-LTC, 1099-LS, 1099-S, 1099-MISC, 1099-QA, 1099-CAP and 1099-NEC with Tax2efile or Call us at 703-229-0326 for assistance on filing your 1099 taxes online.