The Deadline to E-file Form (formType) is March 31, 2025.E-File Now E-file Form 1099-PATR Online Prepare and file Form 1099-PATR easily and securely with TaxBandits to report taxable distributions from cooperatives. E-file 1099-PATR Now How to File Form 1099-PATR A Comprehensive Solution for Form 1099-PATR Filing Flexible Data Import Options Distribute Recipient Copies by Mail or Online Access AI-powered Assistance at Every Step World-Class Customer Support PRO Features Built for Tax Professionals Comprehensive Client Management Effortless Team Management Insightful Reports See how TaxBandits beats the competition—A comparison with other providers. Learn more Form 1099-PATR: Key Insights Form 1099-PATR, also known as the "Taxable Distributions Received From Cooperatives," is used to report distributions made by cooperatives to their members. Cooperatives file Form 1099-PATR to report taxable distributions of $10 or more, including patronage dividends, other distributions, or similar payments made to their members or patrons. Form 1099-PATR must be e-filed with the IRS by March 31, 2025, and furnish the recipient copies by January 31, 2025. Get Started Now Why Choose TaxBandits to E-file Form 1099-PATR? Discover the exceptional features that make TaxBandits the perfect solution for filing 1099-PATR online. Data Import & Validations Recipient Copy Distribution Federal Compliance Other Reliable Features Simple Manual Input Complete the 1099-PATR form manually, following the step-by-step instructions to accurately enter data in each field. Bulk Upload Easily import large data volumes for Form 1099-PATR using our Bulk Import (CSV) feature. Upload your file, and our system will auto-fill the fields, ensuring accuracy and saving you time. Internal Audit Check Our system automatically detects any basic errors in your 1099-PATR forms, ensuring compliance before submission. TIN Matching Ensure accurate recipient TIN by validating against the IRS records to reduce the possibility of rejections and penalties. Free USPS Validation Validate your recipient’s address with the USPS database, enabling secure and accurate delivery of 1099-PATR copies. IRIS Business Validation Our application ensures that your 1099-PATR returns comply with IRIS business rules by identifying and correcting errors before transmission. Postal Mailing Ensure timely delivery of 1099-PATR recipient copies by mailing them via postal service and tracking their status from transit to receipt. Online Access Online access grants your recipients lifetime access to a secure portal where they can view and download their forms anytime. Postal Mailing + Online Access 10% OFF Choose the postal and online combo for confident recipient copies. 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Free 1099-PATR Corrections TaxBandits allows you to e-file 1099-PATR corrections for forms previously filed with the IRS at no additional cost. Schedule Filing You can schedule, update form details, reschedule the filing date, cancel the scheduled filing date, and e-file right away. BanditCash Enjoy a seamless checkout experience by easily adding funds to your account wallet and managing payments. BanditAI Our BanditAI offers real-time answers and solutions to your filing questions, which makes your 1099-PATR filing process easier. World-Class Customer Support TaxBandits offers expert assistance through live chat, phone, and email, guaranteeing a seamless e-filing experience. Records Stored Your 1099-PATR copies are securely stored on our servers for 7 years. You can easily access, download, or print them anytime. Address Book Import information about payers and recipients into your Address Book, manually or in bulk, to access their details for 1099-PATR filings. Smart Review Streamline your tax process with Smart Review—verifying, validating, and correcting filings for accurate and compliant submissions. E-file 1099-PATR Now Exclusive Pro Features for Tax Professionals Improve your tax filing process and streamline workflows with premium features specifically developed for tax professionals. Team Management Improved team management feature that allows inviting unlimited team members, assigning them predefined roles, and delegating 1099-PATR filings for specific clients. Client Management A customized portal that reflects your brand identity to empower seamless communication, data exchange and simplifies document sharing with your clients. Custom Reports Enhance your team's performance by accessing detailed reports that offer valuable insights into team dynamics and client filings. Utilize comprehensive analytics to make informed decisions. Simplify your firm’s 1099-PATR filing process with our PRO features! Request Demo Contact our team at (704) 684-4758 to explore custom pricing options for high-volume filing! Information Required to E-file Form 1099-PATR Online 01 Payer’s Info Name, address, and TIN details of the payer. 02 Recipient Info Name, address, and TIN of the recipient. 03 Patronage Distribution Info This includes, Total patronage dividends and nonpatronage distributions Redemptions of nonqualified written notices of allocation Patron’s share of the total per-unit retain allocations paid in cash Qualified payments paid to the patron Section 199A (a) qualified or SSTB items Section 199A (g) deductions Patron share of total investment credit Patron share of total work opportunity credit Other credits and deductions 04 Federal Income Tax Withheld Have all the information ready? Start filing your 1099-PATR forms with TaxBandits today! Get Started Now How to file Form 1099-PATR Online with TaxBandits? TaxBandits offers you flexible options to complete 1099-PATR filing. Simply choose your preferred data import method and file with ease. Manual Entry Bulk Import Step 1: Select Form 1099-PATR Select Form 1099-PATR from the dashboard to file for the 2024 tax year. Step 2: Enter Form 1099-PATR Information Enter the required Form 1099-PATR information either manually or by bulk upload option. Step 3: Choose Distribution Options Choose how to deliver recipient copies through postal mail, online access portal, or both. Step 4: Review and Transmit to the IRS Review the 1099-PATR form summary and transmit it to the IRS. We'll email you updates about the status of your forms. You can also track the status directly from your dashboard. Step 1: Download the Standard CSV Template Download the standard CSV template, fill in the 1099-PATR information, and upload the information to complete the 1099-PATR filing. Step 2:Review Import Summary Our system will generate your 1099-PATR based on the imported data. You can review the data and make changes as needed. Step 3: Choose Distribution Options Choose how to deliver recipient copies: postal mail, online access, or both. Step 4: Review and Transmit to the IRS Review the form summary and transmit the forms to the IRS. We'll send you email updates regarding the status of your forms. You can also track the status directly from your Dashboard. Ready to E-file Form 1099-PATR with the IRS? Get Started Now Our Customer Reviews Trusted and loved by users like you. 4.9 rating of 52,784 reviews L Luis Collazo Excellent Step by Step process and easy to go back and make edits.... J Jay Polonsky Very easy navigation going forward and backwards. I usually have trouble online with confusing instructions. Yours is very easy. I Igor Mandryka I’m quite impressed, especially in comparison with other sites from the IRS list I reviewed as well. Well done. Thank you. J Jerry Morris Very easy to find my way around, most help features are very good, customer service response has been exceptional for the price point. View More Reviews Frequently Asked Questions to File 1099-PATR Online What is a Form 1099-PATR? IRS Form 1099-PATR, Taxable Distributions Received from Cooperatives, is issued to each person Who has received at least $10 in patronage dividends or other distributions from the cooperative, as described in section 6044(b). From whom you withheld any federal income tax under backup withholding rules, regardless of the payment amount. Who must file Form 1099-PATR? Cooperatives that have distributed $10 or more to their members or patrons in patronage dividends, other distributions, or similar payments must file Form 1099-PATR. Common types of cooperatives that provide taxable distributions include: Agricultural Cooperatives Utility Cooperatives Consumer Cooperatives Workers' Cooperatives Credit Union Cooperatives When is the deadline to file Form 1099-PATR? The reporting deadline for filing Form 1099-PATR is as follows, and it is essential to be aware of these dates to ensure compliance with IRS regulations: E-filing Deadline - March 31,2025 Recipient Copy Distribution - January 31,2025 Paper Filing - February 28,2025 If the deadline falls on a weekend or Federal holiday, it moves to the next business day. What is the Difference between Members and Patrons? Members Patrons Ownership stake in the Cooperative May or may not have ownership in Cooperative Member has an voting rights in the cooperative’s governance Patrons does not have voting rights Actively participate in decision-making processes in cooperative Only engage in business transaction with the cooperative Receives patronage dividends based on usage Receives dividends based on the business conducted with the co-op, whether or not they are a member How to fill out Form 1099-PATR? To complete Form 1099-PATR, you will need to enter the relevant information in each box based on the distributions made by your cooperative. Ensure that all amounts are accurately reported, as these distributions are taxable to the recipient. Below is a guide to filling out each section of the form: Boxes for Payer Information 1. Enter your information like Name, Address, City or Town, State, Postal Code, and Phone Number 2. Enter your TIN (EIN/SSN) Boxes for Recipient Information 1. Enter your Recipient TIN 2. Enter your Recipient Name 3. Enter your Recipient Address 4. Enter your Recipient City, State, Country, and ZIP code Boxes for Debt information Box 1: Patronage Dividends Enter the patron’s share of patronage dividends paid in cash or property. Box 2: Nonpatronage Distributions Enter non patronage distributions paid to the patron from non patronage earnings. Box 3: Per-Unit Retain Allocations Enter per-unit retain allocations paid to the patron. Box 4: Federal Income Tax Withheld Enter any federal tax withheld on patronage payments. Box 5: Redeemed Nonqualified Notices Enter redeemed nonqualified notices Box 6: Section 199A(g) Deduction Enter the patron's share of the Section 199A(g) deduction passed through. Box 7: Qualified Payments Enter qualified payments made by agricultural or horticultural cooperatives. Box 8: Section 199A(a) Qualified Items Enter qualified items of income or loss, excluding SSTBs. Box 9: Section 199A(a) SSTB Items Enter items from specified service trades or businesses (SSTBs). Box 10: Investment Credit Enter the patron's share of investment credits. Box 11: Work Opportunity Credit Enter the patron's share of work opportunity credit. Box 12: Other Credits and Deductions Specify any other credits or deductions. Box 13: Specified Cooperatives Check if reporting for a specified agricultural or horticultural cooperative. What are the exceptions to File Form 1099 PATR? 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 Helpful Resource for Form 1099 Form 1099 Correction Form 1099 Penalty 7 Reasons to Choose TaxBandits Success Starts with TaxBandits An IRS Authorized E-file Provider You Can Trust! Create a Free Account × Download our 1099 Bulk Upload Template Enter your email address to download our 1099 bulk upload template. X X How to File 1099 Forms with TaxBandits Choose Form 1099-PATR Choose Form 1099-PATR and select the tax year you need to file for. TaxBandits allows you to file for both current and past tax years. Page 1 / 7 Next Select the Tax Year Navigate to the Next tab to choose the year (2024, 2023, and 2022) you want to file for. Back Page 2 / 7 Next Choose your Upload Method Select "Manual Entry" to file a few 1099-PATR forms or "Bulk Import" to file multiple 1099-PATR forms. Back Page 3 / 7 Next Summary of Federal Filing Generate the draft forms in PDF or export them in CSV format and review the details by sending them to your recipients. Back Page 4 / 7 Next Distribute Recipient Copies Distribute 1099-PATR copies to recipients via postal mail, online access, or by using both methods. Back Page 5 / 7 Next Filing Summary Review the summary, edit the preference to verify TIN and address, and choose to transmit immediately or schedule later. Back Page 6 / 7 Next Track your Filing Status You can track the filing status with the IRS and state. Also, track the status of Recipient copy distribution. Request Demo Start Over Get Started Now