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 Schedule B Form 1040 Interest and Ordinary Dividends 2024-2025

Schedule B 2024-2025 Form

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in this video we're going to be going over which forms you might need if your filing schedule be with your income tax return as a quick refresher Let's uh take a a brief look at the schedule B instructions to determine when you should SK file schedule be in the first place so taxpayers are going to file schedule B uh with their form 1040 if you had over $1,500 of taxable interest or ordinary dividends if you received interest from a seller financed morgage and the buyer used the property as a personal residence if you have AC crude interest from a bond if you're reporting original issue discount or oid of less than the amount shown on form 1099 oid if you're reporting interest income of less than the the amount on a form 1099 due to an amortizable Bond premium if you're claiming the exclusion of interest from series EE or I savings bonds issued after 1989 if you received interest or ordinary dividends as a nominee in other words on behalf of anot

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