Hello.
Form 1099-PATR has amounts in Box 1 - Patronage Dividends and Box 5 - Redeemed nonqualified notices. Are both of these amounts taxable or is Box 5 included in the amount in Box 1. I have not encountered this before so looking for advice.
Thank you in advance!
Deb
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.