Interest and Ordinary Dividend Income are reported on a Schedule B.
This tax form reports taxable interest or ordinary dividends exceeding $1,500, interest received from a seller-financed mortgage and the buyer used the property as a personal residence, accrued interest from a bond, the original issue discount (OID) less than the amount on Form 1099-OID, if you are reducing the interest income on a bond by the amount of an amortizable bond premium (paying the premium over the face value of a bond), claiming the exclusion of interest from Series EE or U.S. Savings bonds (issued after 1989), you are a nominee, you had a financial interest in, or you were involved in a foreign accounts and trusts.
