1099-Patr - Patronage dividend received from a cooperative
Client received a form 1099-Patr for his sch C business.
This is a rebate on inventory purchased.
Where does it get entered?
Client received a form 1099-Patr for his sch C business.
This is a rebate on inventory purchased.
Where does it get entered?
Other income Line on Schedule C.
Or reduce the Inventory cost.
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