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- What is the form number? Form 1040 Schedule B
- What government agency is it filed with? The Internal Revenue Service (IRS)
- What is the form name? Interest and Ordinary Dividends
- What is this form about? Schedule B is a supplemental form associated with Form 1040 that U.S. taxpayers use to report interest and ordinary dividend income. It provides spaces for detailing both tax-exempt and taxable interest received, as well as ordinary dividends. Completing Schedule B is necessary if a taxpayer receives interest or dividend income above certain thresholds or from specific sources. The totals from Schedule B are then transferred to the main Form 1040 to be included in the taxpayer's overall income calculation for the year.
What does it look like?
Looking for more information about this form? Here are some helpful resources:
- About the form - https://www.irs.gov/forms-pubs/about-schedule-b-form-1040
- Example copy of the form - https://www.irs.gov/pub/irs-pdf/f1040sb.pdf
- Form instructions - https://www.irs.gov/pub/irs-pdf/i1040sb.pdf
How can we help you today?
Looking for more information about this or other tax forms? The tax team at DiMercurio Advisors are tax compliance experts. We are passionate about ensuring you are well-informed and in control of your tax situation.