Pre-File Now
E-File Form 1099-PATR Online
As a cooperative, you can easily e-file Form 1099-PATR to report distributions paid to your
patrons or members.
Benefits for Cooperatives to E-file 1099-PATR with TaxBandits
- Easy and Secure Filing
- Import your business and recipient data with a single click using our bulk upload option.
- Pre-validate your return before filing with the IRS
- Easily deliver recipient copies to your patrons via postal mail or online access.
Check out What’s New!
Deadline to File Form 1099-PATR for 2024 Tax Year
Cooperatives should use 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.
As a cooperative, you are required to file Form 1099-PATR with the IRS and provide recipient copies before the deadlines.
The filing and recipient deadlines for Form 1099-PATR differ, as
outlined below.
| Category | Deadline |
|---|---|
| Recipient Copy Deadline | January 31, 2025 |
| IRS E-filing Deadline | March 31, 2025 |
What Information is Required to E-file Form 1099-PATR Online?
- 1. Payer Details: Name, EIN, and Address
- 2. Recipient Details: Name, TIN, Address
-
3. Patronage Details:
- Total patronage dividends and nonpatronage distributions
- Redemptions of nonqualified written notices of allocation
- Federal income tax and backup withholding
- Domestic production activities deductions (if applicable)
- Section 199A(a) qualified or SSTB items
- Investment and Work Opportunity credits
E-file 1099-PATR in minutes! You can enter this information manually, or upload it via our bulk-upload template.
How to E-file Form 1099-PATR Online for 2024 with TaxBandits?
Start by selecting Form 1099-PATR from your dashboard. With TaxBandits, you can file this form for both the current and previous tax years.
Enter the information manually or use the 'Bulk Import' option to upload data using our CSV template for Form 1099-PATR. Save your progress by clicking "Save as draft" and continue from where you left off.
You can select how you'd like to distribute recipient copies—by mail, online access, or with the BanditComplete option, which offers both.
Review the information entered on Form 1099-PATR and make any necessary changes.
After reviewing, transmit the completed Form 1099-PATR to the IRS.
Benefits of Filing 1099-PATR Online with TaxBandits
Get Instant Filing Status
Receive real-time updates on your 1099-PATR filings via email or track them anytime from your dashboard. Stay informed every step of the way.
Address Book
Import business and recipient information from your Address Book for quick, error-free submissions across various forms like BOIR, Payroll, 94x forms, W-9, W-2, ACA, and more.
Bulk Upload
Easily file multiple returns with TaxBandits. Import your 1099-PATR data using our CSV template, then upload it back into our system. You can review the uploaded data and make any necessary corrections.
Recipient Copy
Distribution Distribute 1099-PATR recipient copies via postal mail or online access. You can also download copies in your preferred format and mail it to your recipient on your own.
Internal Audit Check
TaxBandits internal audit check ensures that your Forms are validated through IRS business rules. Any errors identified will be listed and you will be prompted to fix those instantly.
TIN Validation
Ensure accuracy by validating your payer TIN against the IRS database. This helps you e-file your 1099-PATR correctly and avoid IRS B-Notices.
IRIS Business Validations
Guarantee the accuracy of your tax returns with our IRIS Validation feature, which automatically detects and corrects errors and inconsistencies before submission.
Save Form Drafts
Complete and File your 1099-PATR returns at your own pace. TaxBandits lets you save your work as a draft. Easily pick up and continue your filing whenever you're ready.
Exclusive Pro Features Designed for Tax Professionals
Streamline tax filing and enhance your workflow with powerful features tailored for tax professionals.
BanditCollab (Team Management)
Add unlimited team members to streamline your workflow. Assign your staff roles—Preparer, Approver, and Transmitter—based on their filing responsibilities.
BanditConnect (Client Management)
Communicate and securely share files with your clients using BanditConnect. Customize the secure portal to reflect your branding.
Custom Reports
Gain insights into staff activities and client filings with detailed reports. Enhance decision-making with in-depth analytics.
Success Starts with TaxBandits!
The Smart Choice of every 1099 Filers
Excellent Step by Step process and easy to go back and make edits....
Very easy navigation going forward and backwards. I usually have trouble online with confusing instructions. Yours is very easy.
Easy and reasonably priced. Great customer service!
I’m quite impressed, especially in comparison with other sites from the IRS list I reviewed as well. Well done. Thank you.
Very easy to find my way around, most help features are very good, customer service response has been exceptional for the price point.
Work flow makes sense, navigation is easy, customer service is excellent with prompt call backs and thoughtful support.
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
Note: 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
