Business, Legal & Accounting Glossary
Interest and Ordinary Dividends. This form is used for reporting interest and ordinary dividends by individual taxpayers. If an individual taxpayer has interest and / or dividend income that exceeds $400 in a tax year, then they must file a Schedule B along with their Form 1040 return.
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Definitions for 1040 Form Schedule B are sourced/syndicated and enhanced from:
This glossary post was last updated: 13th November, 2021 | 0 Views.