Business

Schedule B: Interest and Ordinary Dividends

Reports interest and ordinary dividend income when the total exceeds $1,500, and reports foreign accounts and trusts.

Download Schedule B PDFAbout on IRS.govInstructions PDF

Who Files This Form?

Taxpayers with over $1,500 in taxable interest or ordinary dividends, or those with foreign accounts.

Key Fields

  • Interest income by payer
  • Ordinary dividends by payer
  • Foreign accounts (FBAR) question
  • Foreign trust reporting

Filing Deadlines

Due Date

April 15

With Extension

October 15

Late Filing Penalty

Filed with Form 1040; subject to the same failure-to-file and failure-to-pay penalties.

Related Forms

Form 1040

U.S. Individual Income Tax Return

1099-INT

Interest Income

1099-DIV

Dividends and Distributions

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