NECPA in NEBRASKA Posted April 11, 2015 Report Share Posted April 11, 2015 Client received his usual 1099-PATR showing Box 1 of $500 and now Domestic Production Activities Deduction Box 6 of $284. There is no other information other than a letter that they sent that says we are reporting a tax deduction to you generated by qualified production activity. I don't have enough information to file an 8903 from this. Do you think it should be deducted from the gross amount and show the net amount as taxable? This is a first for me and my client wants me to ignore it if will cause any problems. Thanks for any advice. I just want to get this one out of here. Quote Link to comment Share on other sites More sharing options...
NECPA in NEBRASKA Posted April 11, 2015 Author Report Share Posted April 11, 2015 I found my answer, but it was too late to edit. It goes on line 23 on the 8903. Thanks! Quote Link to comment Share on other sites More sharing options...
schirallicpa Posted July 9, 2020 Report Share Posted July 9, 2020 This post is kinda old but it helped me today! Thank you for noting where you found to input it. ATX needs to add the PATR to their list. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.