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Level 4
April 14, 2025
Solved

1099-Patr - Patronage dividend received from a cooperative

  • April 14, 2025
  • 1 reply
  • 8 views

Client received a form 1099-Patr for his sch C business.

This is a rebate on inventory purchased.

Where does it get entered?

This topic has been closed for replies.
Best answer by sjrcpa

Other income Line on Schedule C.

Or reduce the Inventory cost.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
April 14, 2025

Other income Line on Schedule C.

Or reduce the Inventory cost.

The more I know the more I don’t know.