The short answer
| What it reports | Distributions from cooperatives passed through to their patrons including any domestic production activities deduction and certain pass-through credits. |
|---|---|
| Amounts to report | $10 or more |
| To the recipient | January 31 |
| To the IRS, on paper | February 28 |
| To the IRS, electronically | March 31 |
If one arrives
Box 6 carries a deduction passed through from the co-op that regularly goes unclaimed. Most of the rest is business income if the co-op serves your trade.
The form is how a payer tells the IRS what it paid. Its absence is not permission — income you received is reportable whether or not a form covers it, and a threshold decides only who must file, never what you owe.
This page is for educational purposes only and does not constitute tax, legal, or financial advice. It covers United States federal reporting. Consult a qualified tax professional about your situation.