What is form 1099-PATR and who is supposed to file it?
File Form 1099-PATR, Taxable Distributions Received from Cooperatives, 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 you withheld any federal income tax under the backup withholding
rules regardless of the amount of the payment. A cooperative determined to be primarily engaged
in the retail sale of goods or services that are generally for personal, living, or family use
of the members may ask for and receive exemption from filing Form 1099-PATR. Report on Form
1099-PATR only items of income, expenses, and credits that you properly pass through to patrons
for reporting on the patron's tax return.
Exceptions to file form 1099-PATR
Generally, you are not required to file Form 1099-PATR for payments made to a corporation, a
tax-exempt organization including tax-exempt trusts (HSAs, Archer MSAs, and Coverdell ESAs), the
United States, a state, a possession, or the District of Columbia.
For more information visit: https://www.irs.gov/instructions/i1099ptr/index.html
