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Tax Guide For Individuals
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ATRA Tax Increase 39.6%
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IRS Form 1040

Schedule B

for Form 1040

or Form 1040A



Part 1

Is about interest

If you receive a 1099-INT or a 1099-OID or substitute form from a brokerage firm, list the firm's name as the payer and enter the total interest shown on the form.

Part 2
Ordinary Dividends.


If you received a form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown on that form.

Part 3
Foreign Accounts And Trusts.


This addresses your involvement in a bank account, securities account or financial account in a foreign country.

Download the Form 1040 Schedule B with instructions included here.

   

By Roger Chartier