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Get your taxes done using TurboTax
Thank you for sharing; however, none of these apply to me! Not a single one! My return is simple. There is no added complexities to my return. It's exactly the same as the previous year; and I was able to submit. Can you please help me determine why the Schedule B was created? So far, everything I have been told does not apply to me. PLEASE, I AM ASKING FOR HELP! I would be totally find being charged if I met any one of the below criteria but I simply don't meet these or any others. I looked at my filings side by side to the previous year...and still, there is nothing that changed. I need someone to look at my filing and tell me, tell me why.
Use Schedule B (Form 1040) if any of the following applies.
• You had over $1,500 of taxable interest or ordinary dividends. - does not apply to me
• You received interest from a seller-financed mortgage and the buyer used the
property as a personal residence. - does not apply to me
• You have accrued interest from a bond. - does not apply to me
• You are reporting original issue discount (OID) of less than the amount shown
on Form 1099-OID. - does not apply to me
• You are reporting interest income of less than the amount shown on a Form 1099
due to amortizable bond premium.- does not apply to me
• You are claiming the exclusion of interest from series EE or I U.S. savings bonds
issued after 1989.- does not apply to me
• You received interest or ordinary dividends as a nominee.- does not apply to me
• You had a financial interest in, or signature authority over, a financial account in
a foreign country or you received a distribution from, or were a grantor of, or transferor to, a foreign trust. - does not apply to me