Merabharathmahan Posted February 18, 2019 Report Share Posted February 18, 2019 Banks nundi interest vasthe 1099-INT form istaru kada adi just taxable interest income lo mention cheste saripotada or schedule-B part 1 lo babk name and entha interest vachindo ivvala. Part 3 emo 1500 above interest vasthe fill cheyalani undi. If less than 1500, should we fill part 1 in schedule-B. Quote Link to comment Share on other sites More sharing options...
Merabharathmahan Posted February 18, 2019 Author Report Share Posted February 18, 2019 @spartan , can u answer this Quote Link to comment Share on other sites More sharing options...
Merabharathmahan Posted February 19, 2019 Author Report Share Posted February 19, 2019 4 hours ago, Merabharathmahan said: @spartan , can u answer this ? Quote Link to comment Share on other sites More sharing options...
Prince_Fan Posted February 19, 2019 Report Share Posted February 19, 2019 nenu ninnaney tax returns pile chesa...$20 refund vacchindi loveda lo di Quote Link to comment Share on other sites More sharing options...
DrBeta Posted February 19, 2019 Report Share Posted February 19, 2019 10 hours ago, Merabharathmahan said: Banks nundi interest vasthe 1099-INT form istaru kada adi just taxable interest income lo mention cheste saripotada or schedule-B part 1 lo babk name and entha interest vachindo ivvala. Part 3 emo 1500 above interest vasthe fill cheyalani undi. If less than 1500, should we fill part 1 in schedule-B. Nekoche patika dollarla interest em mention cheyyakarle. Quote Link to comment Share on other sites More sharing options...
Merabharathmahan Posted February 19, 2019 Author Report Share Posted February 19, 2019 spartan unnara Quote Link to comment Share on other sites More sharing options...
Spartan Posted February 19, 2019 Report Share Posted February 19, 2019 Just now, Merabharathmahan said: spartan unnara not sure man... interest vachenta bank balance ledu account lo. never got 1099 from any bank... u can check with tax consultant on turbotax.. Quote Link to comment Share on other sites More sharing options...
ekunadam_enkanna Posted February 19, 2019 Report Share Posted February 19, 2019 On 2/18/2019 at 7:18 AM, Merabharathmahan said: Banks nundi interest vasthe 1099-INT form istaru kada adi just taxable interest income lo mention cheste saripotada or schedule-B part 1 lo babk name and entha interest vachindo ivvala. Part 3 emo 1500 above interest vasthe fill cheyalani undi. If less than 1500, should we fill part 1 in schedule-B. Schedule B is not needed if it is just the interest from banks and < $1500. Just enter it in 2b of 1040. Quote Link to comment Share on other sites More sharing options...
Merabharathmahan Posted February 19, 2019 Author Report Share Posted February 19, 2019 16 minutes ago, ekunadam_enkanna said: Schedule B is not needed if it is just the interest from banks and < $1500. Just enter it in 2b of 1040. Schedule-B form lo Part 1 1099-INT s bank name and interest amount ki. Part 2 1099-DIV ki. Part 1 and part 2 kalipi >1500 ayithe part 3 fill cheyalani form lo undi. Can u just google schedule-B pdf and check Quote Link to comment Share on other sites More sharing options...
ekunadam_enkanna Posted February 20, 2019 Report Share Posted February 20, 2019 23 hours ago, Merabharathmahan said: Schedule-B form lo Part 1 1099-INT s bank name and interest amount ki. Part 2 1099-DIV ki. Part 1 and part 2 kalipi >1500 ayithe part 3 fill cheyalani form lo undi. Can u just google schedule-B pdf and check Put this way, how much you got from banks whether 1099-INT or 1099-DIV, etc. If the sum is less than $1500, use 1040. Otherwise, use schedule-B. Just use Turbotax, which will take care of these things. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.