Form 1099-Patr - Taxable Distributions Received From Cooperatives

Instructions for Recipient

Box 6. Shows the deduction amount you may take based on your portion of

patronage dividends or per-unit retain allocations (boxes 1 and 3) attributable to

qualified production activities income. To claim the deduction amount, this

Distributions you received from a cooperative may be includible in your income.

amount must have been designated in a written notice sent to you from the

Generally, if you are an individual, report any amounts shown in boxes 1, 2, 3,

cooperative within the payment period under section 1382(d). Enter on the

and 5 as income, unless nontaxable, on Schedule F (Form 1040), Schedule C

appropriate line of Form 8903.

(Form 1040), or Form 4835. See the Instructions for Schedule F (Form 1040) and

Pub. 225 for more information.

Box 7. This box shows unused investment credits passed through to you by the

Account number. May show an account or other unique number the payer

cooperative. Use Form 3468, and its instructions, to figure the amount of credit

assigned to distinguish your account.

to which you are entitled.

Box 1. Shows patronage dividends paid to you during the year in cash, qualified

Box 8. This box shows unused work opportunity credits passed through to you

written notices of allocation (at stated dollar value), or other property (not including

by the cooperative.

nonqualified allocations). Any dividends paid on (1) property bought for personal

Note. The credit is scheduled to expire on December 31, 2012. Use Form 5884,

use or (2) capital assets or depreciable property used in your business are not

to figure the amount of credit to which you are entitled. If your only source of the

taxable. However, if (2) applies, reduce the basis of the assets by this amount.

credit is the cooperative, use Form 3800, General Business Credits, instead.

Box 2. Shows nonpatronage distributions paid to you during the year in cash,

Box 9. Shows the alternative minimum tax (AMT) adjustment passed through to

qualified written notices of allocation, or other property (not including

you by the cooperative. Report this amount on Form 6251 on the appropriate

nonqualified written notices of allocation).

line in Part I.

Box 3. Shows per-unit retain allocations paid to you during the year in cash,

Box 10. This box shows other unused credits and deductions (including

qualified per-unit retain certificates, or other property.

depreciation) passed through to you by the cooperative. For information on how

Box 4. Shows backup withholding. Generally, a payer must backup withhold if

to report these, see the instructions for the specific credit form (small ethanol

you did not furnish your taxpayer identification number to the payer. See Form

and cellulosic biofuel producer credit (Form 6478); renewable electricity, refined

W-9 for information on backup withholding. Include this amount on your income

coal, and Indian coal production credit (Form 8835, Part II); and agricultural

tax return as tax withheld.

chemicals security credit (Form 8931)), the instructions for Schedules C and F

Box 5. Shows amounts you received when you redeemed nonqualified written

(Form 1040) and Pub. 946.

notices of allocation and nonqualified per-unit retain allocations. Because these

Future developments. For the latest information about developments related to

were not taxable when issued to you, you must report the redemption as

Form 1099-PATR and its instructions, such as legislation enacted after they were

ordinary income to the extent of the stated dollar value.

published, go to

Form 1099-Patr - Taxable Distributions Received From Cooperatives - 2013 Page 4

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