Cooperatives file Form 1099-PATR for each person:
- To whom the they paid at least $10 in patronage dividends and other distributions described in section 6044(b).
- From whom they withheld any federal income tax under the backup withholding rules regardless of the amount of the payment.
Other Items You May Find Useful
About General Instructions for Certain Information Returns (Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G)
About Form 1099-DIV, Dividends and Distributions
About Form 3491, Consumer Cooperative Exemption Application
About Publication 542, Corporations