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Schedule B - When to Use/Print Only if Required
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Per the IRS Instructions for Schedule B (1040) Schedule B Interest and Ordinary Dividends will print with your return only if you had over $1,500 of taxable interest, over $1,500 of ordinary dividends, or for the other reasons listed below.

Purpose of Form

Use Schedule B if any of the following applies.

  • You had over $1,500 of taxable interest or ordinary dividends.
  • You received interest from a seller-financed mortgage and the buyer used the property as a personal residence.
  • You have accrued interest from a bond.
  • You are reporting original issue discount (OID) of less than the amount shown on Form 1099-OID.
  • You are reporting interest income of less than the amount shown on a Form 1099 due to amortizable bond premium.
  • You are claiming the exclusion of interest from series EE or I U.S. savings bonds issued after 1989.
  • You received interest or ordinary dividends as a nominee.
  • 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.

Part III of the schedule has questions about foreign accounts and trusts.

To Force Schedule B to Print

Online Navigation Instructions
  1. From within your TaxAct Online return, click Print Center in the left column.
  2. Click Custom.
  3. Click the checkbox(es) to the left of what you wish to print (the top section contains individual forms or schedules and the bottom section contains documents and worksheets). You may need to scroll down in the section to locate the item. 
  4. Click Print and then click the PDF link. Click the printer icon or the save icon (available when you hover your mouse over the bottom of the PDF form) to print or save the PDF copy.

Note: If you see a message indicating you have not paid your return fees, click the View/Pay link, which will direct you through the Paper Filing steps. Continue through the screens until you have processed the payment for your product fees and then repeat the steps to print. 

Desktop Navigation Instructions
  1. Click the Forms button in the top left corner of the toolbar to open the Forms view
  2. Expand the Federal Forms view and then expand the Forms and Schedules view
  3. Double click Schedule B - Interest and Ordinary Dividends
  4. Click the pink Printer Icon above the schedule on the right side of the screen. In the Print dialog box that appears you are able to choose if you wish to send the output to a printer or a pdf document and also whether you prefer to only print preview the schedule. Remember to clear the checkbox Print Preview when you do actually want the item to print