Get 2023 Schedule B (form 1040). Interest And Ordinary Dividends

Filling out the 2023 Schedule B (Form 1040) is essential for reporting your interest and ordinary dividends accurately. This guide provides clear instructions for each section of the form, ensuring you can complete it easily and accurately online.

Follow the steps to fill out your Schedule B efficiently.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Enter your social security number in the designated field at the top of the form. This is crucial for correctly associating the form with your tax return.
3. For interest received via Form 1099-INT or similar statements, enter the payer's name and the total interest from the form.
4. In Part II, indicate the ordinary dividends. On line 5, list the name of the payer and enter the total ordinary dividends received. If your total is over $1,500, you must complete Part III.
5. After completing the necessary sections, review your entries thoroughly for accuracy. The total from line 6 must be transferred to your Form 1040 or 1040-SR as indicated.
6. In Part III, answer questions regarding foreign accounts and trusts. If your interest or dividends exceed $1,500 or involve foreign accounts, ensure you respond appropriately.
7. Once you have completed the form, you can save your changes, download a copy for your records, print it, or share it as required.

Take action today and complete your 2023 Schedule B online.