Hi, am I supposed to put the foreign interest income on FORM 1040 LINE 2B & on SCHEDULE B LINE 1? I think this is the case, but I can't be 100% sure. I am sorry to have asked many questions already today - I need to file my tax return ASAP ... Thank you in advance !!!
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Report foreign interest as if you had an IRS form 1099-INT for it.
IRS Schedule B will not print unless it reports interest income of $1,500 or more.
In TurboTax Online, follow these steps:
See also this help.
Thank you so much for your detailed explanations!!!
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