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Level 1
posted Jun 3, 2019 11:13:47 AM

Should schedule b federal form be included with NJ state forms when there is interest and dividends ?

Had interest and Dividends schedule B printed out for Federal tax, but not for NJ State.

0 4 2037
4 Replies
New Member
Jun 3, 2019 11:13:48 AM

Yes, "if Line 16a [taxable interest income] is more than $1,500, enclose a copy of Schedule B, federal Form 1040."

Unfortunately, as of February 26, my Windows Desktop Deluxe 2018 version does not include a copy of Schedule B with the NJ return when taxable interest is $2,700.  Waiting for the next NJ update to see if this has been fixed.   If not, I will mail the NJ return with a manually attached Schedule B.

New Member
Jun 3, 2019 11:13:51 AM

Any idea if TT will fix this?

Level 1
Apr 8, 2021 11:55:23 AM

I am running into a similar issue in TurboTax 2020. Schedule B not generated for NJ state return despite being over the threshold. Has Intuit still not fixed this? Does not give much confidence in accuracy of the return.

Expert Alumni
Apr 8, 2021 1:36:36 PM

Schedule B prints out on my preview copy using TurboTax CD\Download.

 

New Jersey does say, "If line 16a is more than $1,500, enclose a
copy of Schedule B, federal Form 1040."