# Schedule B (Form 1040)

URL: https://pdf.net/pdf-forms/tax-forms/schedule-b-form-1040
Category: Tax Forms
Attributes: Trusted by accountants

Access a fillable Schedule B (Form 1040) for free to easily report interest, dividends, and foreign account details to the IRS with accuracy.

## Versions

- 2025 — [download PDF](https://cdn.sanity.io/files/i16te7yp/production/8ecbb3b5106141e3a7d8fb6eb29f81368a260552.pdf)

## How to Fill Out a Schedule B (Form 1040)

Step 1: Open your editable Schedule B (Form 1040).

Step 2: List all taxable interest and payers.

Step 3: Enter ordinary dividends from Forms 1099-DIV.

Step 4: Subtotal and adjust for nominee income if needed.

Step 5: Answer foreign account and trust questions.

Step 6: Review entries and attach statements if needed.



## Facts

### What Is a Schedule B (Form 1040) Used For?

A Schedule B is used to **report taxable interest and ordinary dividends** in detail, including payer names and amounts. It also includes disclosures about foreign financial accounts and trusts, along with adjustments for nominee income, bond premium amortization, and original issue discount.

### Who Should Use a Schedule B (Form 1040)?

You must use Schedule B if your** interest or dividends exceed $1,500**, or if you **meet specific conditions** such as receiving nominee income, having foreign accounts, dealing with bond-related adjustments, or receiving interest from a seller-financed mortgage on a personal residence.

### When Is the Schedule B (Form 1040) Due?

Schedule B is **due by the standard tax deadline, usually April 15**, and filed together with your Form 1040. Filing an extension gives you more time to submit the form, but any taxes owed must still be paid by the original due date.

### What Happens If a Schedule B (Form 1040) Is Not Submitted?

If a Schedule B (Form 1040) is not submitted, your return **may be considered incomplete**. This can result in** IRS notices, penalties, or delays**, especially if interest, dividends, or foreign account disclosures are missing or inaccurate.

### How and Where Do I File a Schedule B (Form 1040)?

You file Schedule B as part of your Form 1040 **to the IRS electronically or by mail**. It must be attached to your return, and additional forms may be required for foreign accounts or trusts.

## Related forms

- [1040 Form](https://pdf.net/pdf-forms/tax-forms/1040-form)
- [Schedule A (Form 1040)](https://pdf.net/pdf-forms/tax-forms/schedule-a-form-1040)
- [Schedule D (Form 1040)](https://pdf.net/pdf-forms/tax-forms/schedule-d-form-1040)
- [Form 8949](https://pdf.net/pdf-forms/tax-forms/form-8949)
- [Schedule E (Form 1040)](https://pdf.net/pdf-forms/tax-forms/schedule-e-form-1040)