Sally and Charles Heck received the following Form 1099-DIV in 2018: The Hecks also received the following
Question:
Sally and Charles Heck received the following Form 1099-DIV in 2018:
The Hecks also received the following dividends and interest in 2018 (Forms 1099-DIV not shown):
Assuming the Hecks file a joint tax return, complete Schedule B of Form 1040 (on Page 2-53) for them for the 2018 tax year. Do not attempt to complete the Qualified Dividends and Capital Gain Tax Worksheet.
Transcribed Image Text:
CORRECTED (if checked) OMB No. 1545-0110 1a Total ordinary dividends PAYER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no. 850.00 Dividends and Distributions Devona Corporation 33113 Hilltop Drive Alpine, CA 91901 2$ 2018 1b Qualified dividends 694.00 Form 1099-DIV 2a Total capital gain distr. 2$ 26 Unrecap. Sec. 1250 gain 2$ Copy B For Recipient RECIPIENT'S TIN PAYER'S TIN 20 Section 1202 gain 2d Collectibles (28%) gain 27-1234567 313-13-1313 24 24 RECIPIENT'S name 3 Nondividend distributions 24 5 Section 199A dividends Federal income tax withheld 2$ 4 This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable 0.00 6 Investment expenses 24 Sally Heck Street address (including apt. no.) 24 7 Foreign tax paid 8 Foreign country or U.S. possesion 1420 Pasadena Blvd. City or town, state or province, country, and ZIP or foreign postal code 2$ 9 Cash liquidation distributions 10 Noncash liquidation distributions 24 Carrollton, TX 75007 and the IRS determines that it has not been reported. %24 FATCA filing 11 Exempt-interest dividends 12 Specified private activity requirement bond interest dividends 2$ Account number (see instructions) 13 State 14 Sute identification no 15 State tax withheld 24 Form 1099-DIV (keep for your records) www.irs.gov/Form1099DIV Department of the Treasury - Internal Revenue Service Sally Charles Jointly Qualifying dividends: Altus Inc. Buller Corp. Gene Corporation Interest: Porcine Bank River Bank City of New York Bonds $2,000 $350 $3,100 1,245 650 100
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SCHEDULE B Form 1040 Department of the Treasury Internal Revenue Service 99 Names shown on return Charles and Sally Heck Part I Interest See instructi...View the full answer
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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