1040-US: Print conditions for Schedule B

Alerts and notices


When does Schedule B automatically print?


Per IRS instructions, Schedule B prints when there is seller financed mortgage income; tax exempt interest reported on Schedule B; over $1,500 of taxable interest or dividends; nominee interest or dividends; accrued interest; original issue discount; amortizable bond premiums; or an exclusion of interest from series EE or I U.S. savings bonds issued after 1989.

Note: To always print Schedule B regardless of these conditions, choose Setup > 1040 Individual, click the Tax Return button, and highlight Schedule B in the desired return collation, and click the Always if data option.

Related topic: Schedule B FAQs (1040)