Skip to main content
March 6, 2025
Question

Do I have to report a distribution from a Cooperative. Where do I file that?

  • March 6, 2025
  • 1 reply
  • 0 views
1099-patr

    1 reply

    March 6, 2025

    Yes, Distributions you received may be includible in your income.

    Cooperatives file Form 1099-PATR for each person:

    • To whom the they paid at least $10 in patronage dividends and other distributions described in section 6044(b).
    • From whom they withheld any federal income tax under the backup withholding rules regardless of the amount of the payment.

    Instructions for Form 1099-PATR

    To enter a 1099-PATR in TurboTax, check: Where do I enter Form 1099-PATR?

     

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"