Instructions For Form 1099-Patr - 2013
ADVERTISEMENT
1
22013
Department of the Treasury
Internal Revenue Service
Instructions for Form
1099-PATR
Taxable Distributions Received from Cooperatives
Section references are to the Internal Revenue Code unless
Exceptions. Generally, you are not required to file Form
otherwise noted.
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,
Future Developments
or the District of Columbia. See Regulations section 1.6044-3(c).
For the latest information about developments related to Form
Statements to Recipients
1099–PATR and its instructions, such as legislation enacted
If you are required to file Form 1099-PATR, you must provide a
after they were published, go to
statement to the recipient. For more information about the
What's New
requirement to furnish an official form or acceptable substitute
statement to recipients in person, by statement mailing or
Truncating recipient’s identification number on paper pay-
electronically, see part M in the 2013 General Instructions for
ee statements. Pursuant to proposed regulations sections
Certain Information Returns.
1.6042-4(b) and 301.6109-4 (REG-148873-09), all filers of this
form may truncate a recipient’s identification number (social
2nd TIN Not.
security number (SSN), individual taxpayer identification number
You may enter an “X” in this box if you were notified by the IRS
(ITIN), or adoption taxpayer identification number (ATIN)) on
twice within 3 calendar years that the payee provided an
payee statements. See part M in the 2013 General Instructions
incorrect taxpayer identification number (TIN). If you mark this
for Certain Information Returns.
box, the IRS will not send you any further notices about this
Reminder
account. However, if you received both IRS notices in the same
year, or if you received them in different years but they both
In addition to these specific instructions, you should also use the
related to information returns filed for the same year, do not
2013 General Instructions for Certain Information Returns.
check the box at this time. For purposes of the two-notices-in-
Those general instructions include information about the
3-years rule, you are considered to have received one notice.
following topics.
You are not required to send a second “B” notice to the taxpayer
Backup withholding.
on receipt of the second notice. See part N in the 2013 General
Electronic reporting requirements.
Instructions for Certain Information Returns for more information.
Penalties.
For information on the TIN Matching system offered by
Who must file (nominee/middleman).
the IRS, see Items You Should Note in the 2013
When and where to file.
TIP
General Instructions for Certain Information Returns.
Taxpayer identification numbers.
Statements to recipients.
Account Number
Corrected and void returns.
Other general topics.
The account number is required if you have multiple accounts for
a recipient for whom you are filing more than one Form
You can get the general instructions at
1099-PATR. Additionally, the IRS encourages you to designate
form1099patr
or by calling 1-800-TAX-FORM (1-800-829-3676).
an account number for all Forms 1099-PATR that you file. See
part L in the 2013 General Instructions for Certain Information
Specific Instructions
Returns.
File Form 1099-PATR, Taxable Distributions Received From
Box 1. Patronage Dividends
Cooperatives, for each person to whom the cooperative has paid
at least $10 in patronage dividends and other distributions
Enter the total patronage dividends paid in cash (qualified or
described in section 6044(b) or from whom you withheld any
“consent” checks), qualified written notices of allocation (face
federal income tax under the backup withholding rules
amount), and other property (except nonqualified written notices
regardless of the amount of the payment. A cooperative
of allocation).
determined to be primarily engaged in the retail sale of goods or
Box 2. Nonpatronage Distributions
services that are generally for personal, living, or family use of
the members may ask for and receive exemption from filing
This box applies only to farmers' cooperatives exempt from tax
Form 1099-PATR. See Form 3491, Consumer Cooperative
under section 521. Enter the total nonpatronage distributions
Exemption Application, for information about how to apply for
paid in cash (qualified or “consent” checks), qualified written
this exemption. Report dividends paid on a cooperative's capital
notices of allocation (face amount), and other property. Do not
stock on Form 1099-DIV, Dividends and Distributions.
include nonqualified written notices of allocation.
Report on Form 1099-PATR only items of income,
Box 3. Per-Unit Retain Allocations
expenses, and credits that you properly pass through to
!
patrons for reporting on the patron's tax return.
Enter the total per-unit retain allocations paid in cash, qualified
CAUTION
per-unit retain certificates (face amount), and other property.
Feb 08, 2013
Cat. No. 27984F
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial