Schedules A&B (Form 1040) 2007, Page 2 Schedule B--Interest and Ordinary Dividends. Summary: This is an example of Schedule B (Form 1040) 2006, page 2 of Schedules A&B which pertains to the text. The line items
are
completed as follows:
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Under
“Part I: Interest”:
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“1. List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence,
see page
B-1 and list this interest first. Also, show that buyer's social security number and address” field contains
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First S&L of Juneville 1,900
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Mayflower Bank of Juneville 400
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Series E.E. U.S. Savings Bonds--Interest Includible Before Decedent's Death 840
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“2. Add the amounts on line 1” field contains 3,140
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“3. Excludable interest on series E.E. and I U.S. savings bonds issued after 1989. Attach Form 8815” field contains 0
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“4. Subtract line 3 from line 2. Enter the result here and on Form 1040, line 8a” field contains 3,140
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Under
“Part III: Foreign Accounts and Trusts”:
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“7a. At any time during 2006, did you have an interest in or a signature or other authority over a financial account in a foreign
country, such
as a bank account, securities account, or other financial account? See page B-2 for exceptions and filing requirements for
Form T.D. F
90-22.1--No” checkbox checked
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“8. During 2006, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust? If Yes,
you may have to
file Form 3520. See page B-2--No” checkbox checked
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