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Level 2
posted Jun 6, 2019 1:20:28 AM

Turbo Tax didn't generate the necessary Schedule B for cashed in US Savings bonds using the accural interest reporting method. How do I get a Schedule B?

Turbo Tax didn't generate the necessary Schedule B for cashed in US Savings bonds using the accural interest reporting method. How do I get a Schedule B?  I entered as an adjustment the amount of previously reported interest and checked the box that I had previously reported interest.  No schedule B.


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1 Replies
Level 15
Jun 6, 2019 1:20:29 AM

Schedule B is only generated if total interest and dividends are more than $1500.

https://www.irs.gov/forms-pubs/about-schedule-b-form-1040