1099 patr

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  • lady di
    Junior Member
    • Jan 2016
    • 21

    #1

    1099 patr

    I just received from a client a 1099 PATR with an amount in Box 5..no other boxes have amounts. Where do I enter this amount? 1099 directions are rather vague.
  • TaxGuyBill
    Senior Member
    • Oct 2013
    • 2322

    #2
    Is this a farmer? The most common place to report income from a 1099-PATR is line 3 of Schedule F. But there might be other places to report it, depending on the taxpayer's circumstances (or perhaps not even reported at all, for some personal circumstances).

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    • lady di
      Junior Member
      • Jan 2016
      • 21

      #3
      yes, he is a farmer. This is from a partnership relationship in an ethanol plant to whom he contracts corn. I am used to the "normal" PATR but this one threw me. The PaTR directions give a code section to refer to that I can not seem to locate to read about it.

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      • Uncle Sam
        Senior Member
        • Jul 2006
        • 1462

        #4
        Hopefully this can help: https://www.law.cornell.edu/uscode/text/26/1382
        Uncle Sam, CPA, EA. ARA, NTPI Fellow

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