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peter0801f1935
Level 1
June 6, 2019
Question

No need to submit a schedule B?

Have been doing so for years, but with 1st time using Turbotax, it is not included in what I will be sending.

1 reply

DianeW777
Alumni - Intuit
June 6, 2019

No, not unless the interest or dividends is over $1,500 from US sources.

Schedule B  is generally used to identify interest and dividend income and is filed with your IRS tax return when the source of the dividends and interest are from the United States, then the form is only required when the total amount earned exceeds $1,500.

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