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[Merabharathmahan]

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. 

[Merabharathmahan]

@spartan , can u answer this

[Merabharathmahan]

4 hours ago, Merabharathmahan said:

@spartan , can u answer this

?

[Prince_Fan]

nenu ninnaney tax returns pile chesa...$20 refund vacchindi loveda lo di

[DrBeta]

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.

[Merabharathmahan]

spartan unnara

[Spartan]

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..

[ekunadam_enkanna]

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.

[Merabharathmahan]

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

[ekunadam_enkanna]

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.