WITAXLADY Posted February 28, 2021 Report Share Posted February 28, 2021 Receiving PATR with the 199A amount in box 6 - Where does that go? and how does that flow thru on the 8995 - Ones prior the 8995 were negatives but this one is $52,000 so it does make a difference on how much depreciation I need to write off. Thank you so much! I am fine with most of the concept of the Sttb, etc - just not coming thru from 1099-PATR Darlene/WI Quote Link to comment Share on other sites More sharing options...
SEVeithCPA Posted February 28, 2021 Report Share Posted February 28, 2021 I literally spent the last few hours, messing around with this in the software too... On the 8995 input, activities tab (mine also had a Sch F)...scroll all the way to the right, to input payments from cooperative(1099PATR box 7)...this will make form 8995-A form populate. Go to line 38 (of 8995-A - page 2, part IV), and enter your 1099PATR box 6 (from the letter from the coop). Line 39 of 8995-A will flow thru to Form 1040, line 13. Quote Link to comment Share on other sites More sharing options...
WITAXLADY Posted February 28, 2021 Author Report Share Posted February 28, 2021 thank you I will try that - I had used the first part,,, but not the latter. Thank you for sharing! so much messing around! Flat tax!! I will find something else to do - there are always books to balance or new businesses to help! or old! Quote Link to comment Share on other sites More sharing options...
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