Schedule BIndividual Income Tax
Interest and Ordinary Dividends
Reports interest income (Form 1099-INT) and ordinary dividends (Form 1099-DIV) when total exceeds $1,500.
Who Files This Form
Taxpayers with over $1,500 in taxable interest or ordinary dividends
Due Date
Filed with Form 1040 by April 15
Important Notes
If you have under $1,500 in interest or dividends, you can report it directly on Form 1040 without Schedule B.
Related Forms
Official IRS Source
Always download the current version and instructions from the IRS website before filing.
Educational Reference Only: This is general information about Schedule B, not tax advice. Form instructions change annually. Always download the current version from irs.gov and read the official instructions. Consult a qualified tax professional for your specific situation. Read full disclaimer →