G During the year, 35. Schedule B. (Obj. 6) a. Neale D. (SSN 394-57-7584) and Judith L. (SSN 746-38-4457) Hamilton file a joint Form 1040. The Hamiltons have no foreign accounts or trusts. received interest and dividends. Using the information provided below, prepare the Hamiltons' Schedule B (Form 1040), Interest and Ordinary Dividends. Amount Amounts Reported on Form 1099-INT $ 600 U.S. Treasury bond 50 Ace Manufacturing Company note 60 AT&T debenture bond 90 Bank of America 75 State of Michigan municipal (tax-exempt) bond 160 City of Meadowood municipal (tax-exempt) bond Amount Interest Not Reported on Form 1099-INT $ 732 Interest on the mortgage of Mr. and Mrs. K. J. Roe K. R. Smith, personal note 115 Amounts Reported on Form 1099-DIV Amount Red Corporation dividend on preferred stock $ 280 USX Corporation dividend on common stock Dow Chemical Company dividend on common stock 185 b. Albert B. Kennedy (SSN 664-73-7857) receives various Form 1099s during the year. He has no foreign accounts or trusts. From the information provided below, prepare Albert's Schedule B (Form 1040), Interest and Ordinary Dividends. Amounts Reported on Form 1099-INT Amount Bryce Corporation bonds $3,830 Canyon Enterprises corporate bonds 490 State of Illinois municipal (tax-exempt) bonds 1,750 Amounts Reported on Form 1099-DIV Amount Exxon Mobil common stock $ 975 UCB Corporation dividend on preferred stock 280 GE dividend reinvested in common stock through GE's dividend reinvestment plan 108 1,341 (Use for Problem 35.) NOON SCHEDULED Form 1040 220 Interest and Ordinary Dividends for the Amount Parti Interest 1 of payer any interests from a wide and the and Ford 1040 S Moyo 10 N. For 1000-00 womento Abre the payer and July 8, 2020 DO NOT FILE Amount form 2 Add the amounts on line 1 3 Excludablerteryton series EE and I US sayings bonds issued after 3 Attach Form 8815 4 Sun Stromline 2 Enter the result here and on Form 1040 10-SR 4 line 2 Note Tine hower 1600 You Com Part Part II 5 Ordinary Dividends Se insutions and the Instructions for Forma 1040 and 1040 Sine 3) 5 Nota: you received a Form 109-DV substitute statement from a brokerage firm the 's name the payer and enter the ordinary dividends shown 6 on that form Add the amounts on Ine S. Enter the total here and on Form 1040 or 1040-SA 6 Ine3b Note: If line is over $1,500, you must complete Part A Part III You must complete the part if you (a) had over $1,500 of table interest or ordinary dividends: orada Yes No foreign account, or received a distribution from or were a grantor of, or a transferorto, a foreign trust Foreign 78 At any time during 2020. dd you have a francia interest in or signature authority over a financial Accounts account such as a bank account securities account, or brokerage accounts located in a foreign and Trusts country See Instructions Caution: If "Yes, are you required to fille FinCEN Form 114. Report of Foreign Bark and Financial required, allure Accounts (FBAR, to report that financial interest or signature authority See FinCEN Form 114 tolle FinCEN and its instructions for filing requirements and exceptions to those requirements Form 114 may b If you are required to file FinCEN Form 114, enter the name of the foreign country where the result in substantial financial account is located penalties. See 8 During 2020, did you receive a distribution from, or were you the grantor of, or transferorto, Instructions foreign trust? Yes. you may have to fie Form 3520. See Instructions Cat No 1710 Schedule Form 1040) 2020 For Paperwork Reduction Act Notice, see your tax return instructions G During the year, 35. Schedule B. (Obj. 6) a. Neale D. (SSN 394-57-7584) and Judith L. (SSN 746-38-4457) Hamilton file a joint Form 1040. The Hamiltons have no foreign accounts or trusts. received interest and dividends. Using the information provided below, prepare the Hamiltons' Schedule B (Form 1040), Interest and Ordinary Dividends. Amount Amounts Reported on Form 1099-INT $ 600 U.S. Treasury bond 50 Ace Manufacturing Company note 60 AT&T debenture bond 90 Bank of America 75 State of Michigan municipal (tax-exempt) bond 160 City of Meadowood municipal (tax-exempt) bond Amount Interest Not Reported on Form 1099-INT $ 732 Interest on the mortgage of Mr. and Mrs. K. J. Roe K. R. Smith, personal note 115 Amounts Reported on Form 1099-DIV Amount Red Corporation dividend on preferred stock $ 280 USX Corporation dividend on common stock Dow Chemical Company dividend on common stock 185 b. Albert B. Kennedy (SSN 664-73-7857) receives various Form 1099s during the year. He has no foreign accounts or trusts. From the information provided below, prepare Albert's Schedule B (Form 1040), Interest and Ordinary Dividends. Amounts Reported on Form 1099-INT Amount Bryce Corporation bonds $3,830 Canyon Enterprises corporate bonds 490 State of Illinois municipal (tax-exempt) bonds 1,750 Amounts Reported on Form 1099-DIV Amount Exxon Mobil common stock $ 975 UCB Corporation dividend on preferred stock 280 GE dividend reinvested in common stock through GE's dividend reinvestment plan 108 1,341 (Use for Problem 35.) NOON SCHEDULED Form 1040 220 Interest and Ordinary Dividends for the Amount Parti Interest 1 of payer any interests from a wide and the and Ford 1040 S Moyo 10 N. For 1000-00 womento Abre the payer and July 8, 2020 DO NOT FILE Amount form 2 Add the amounts on line 1 3 Excludablerteryton series EE and I US sayings bonds issued after 3 Attach Form 8815 4 Sun Stromline 2 Enter the result here and on Form 1040 10-SR 4 line 2 Note Tine hower 1600 You Com Part Part II 5 Ordinary Dividends Se insutions and the Instructions for Forma 1040 and 1040 Sine 3) 5 Nota: you received a Form 109-DV substitute statement from a brokerage firm the 's name the payer and enter the ordinary dividends shown 6 on that form Add the amounts on Ine S. Enter the total here and on Form 1040 or 1040-SA 6 Ine3b Note: If line is over $1,500, you must complete Part A Part III You must complete the part if you (a) had over $1,500 of table interest or ordinary dividends: orada Yes No foreign account, or received a distribution from or were a grantor of, or a transferorto, a foreign trust Foreign 78 At any time during 2020. dd you have a francia interest in or signature authority over a financial Accounts account such as a bank account securities account, or brokerage accounts located in a foreign and Trusts country See Instructions Caution: If "Yes, are you required to fille FinCEN Form 114. Report of Foreign Bark and Financial required, allure Accounts (FBAR, to report that financial interest or signature authority See FinCEN Form 114 tolle FinCEN and its instructions for filing requirements and exceptions to those requirements Form 114 may b If you are required to file FinCEN Form 114, enter the name of the foreign country where the result in substantial financial account is located penalties. See 8 During 2020, did you receive a distribution from, or were you the grantor of, or transferorto, Instructions foreign trust? Yes. you may have to fie Form 3520. See Instructions Cat No 1710 Schedule Form 1040) 2020 For Paperwork Reduction Act Notice, see your tax return instructions