Dan Posted February 3, 2011 Report 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
tughilltaxlady Posted February 3, 2011 Report 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
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