Dan Posted February 3, 2011 Report Share Posted February 3, 2011 Question: where do you put box 3 (form 1099 patr) amounts on schedule F? Box 3 says "per unit retain allocations?" Thanks for your response! Quote Link to comment Share on other sites More sharing options...
tughilltaxlady Posted February 3, 2011 Report Share Posted February 3, 2011 Schedule F line 5a. If it's a qualified per-unit retains certificate it is taxable, if it's non-qualified it isn't taxable until it is disposed of. It also isn't taxable if the purchase it is based on was for personal use or a capital investment. It reduces the basis in the item in that case. Quote Link to comment Share on other sites More sharing options...
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