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New Member
posted Apr 14, 2024 1:01:44 PM

Being charged for schedule B interest which i do not have - how can i fix this?

i do have a little interest from a bank account but i believe this is not schedule B

0 2 1856
2 Replies
Expert Alumni
Apr 14, 2024 1:03:08 PM

Interest from a bank account is reported on Schedule B.  

Level 2
Apr 14, 2024 1:07:59 PM

If you have interest income from your bank or investment account, it does go on Schedule B. There is no other place to record interest income on a Form 1040. The effect on your taxes should be minimal if any. If you did not receive any interest or dividend income you can delete form B. Go to view forms & delete.