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New Member
posted Jun 6, 2019 3:07:29 AM

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.

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1 Replies
Expert Alumni
Jun 6, 2019 3:07:31 AM

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.