Jim and Linda have the following investment income: Truliant Interest: $1,554 USAA interest: $1,374 City of Charlotte

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Jim and Linda have the following investment income:
Truliant Interest: $1,554
USAA interest: $1,374
City of Charlotte Bonds: $1500
US Treasury Bonds: $850 (none of which is Series EE or I Bonds)
Bank of America Dividends: $3,121 (qualified)
IBM Dividends: $664 (qualified)
Samsung Dividends: $1,177 (non-qualified)
The Smiths did not own, control, or manage any foreign bank accounts nor were they grantors
or beneficiaries of a foreign trust during the tax year.

NEED HELP TO IFILL OUT SCHEDULE B FROM FORM 1040

Posted Date: Nov 23, 2021 03:27 PM

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Jim and Linda have the following investment income: Truliant Interest: $1,554 USAA interest: $1,374 City of Charlotte

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Answer Form B applicable if any person having more than 1500 interest or dividend ... View the full answer

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