Form 1040 Schedule B
Description:
Schedule B is an IRS tax form used to report interest and dividend income received during the tax year. It is used by taxpayers who have received more than $1,500 in interest or dividend income.
The type parameter is form_1040_schedule_b for the Upload endpoint.
Fields supported by Docsumo
Note:
To customise fields for extraction, please contact Customer Success Management (CSM) Team
Basic Information
| Field Name | Data Type | Field Description |
|---|---|---|
| Basic Information___Full Name | String | Name as shown on Form 1040 Schedule B |
| Basic Information___SSN | String | Social security number as mentioned in the form |
| Basic Information___Form | String | Form number mentioned at bottom right of Form 1040 Schedule B |
| Basic Information___OMB No | String | OMB no mentioned at top right of Form 1040 Schedule B |
Part 1
| Field Name | Data Type | Field Description |
|---|---|---|
| Part 1___1 | String | Line 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 the instructions and list this interest first. Also, show that buyer’s social security number and address: |
| Part 1___2 | String | Line 2 - Add the amounts on line 1 |
| Part 1___3 | String | Line 3 - Excludable interest on series EE and I U.S. savings bonds issued after 1989. Attach Form 8815 |
| Part 1___4 | String | Line 4 - Subtract line 3 from line 2. Enter the result here and on Form 1040 or 1040-SR, line 2b |
Part 2
| Field Name | Data Type | Field Description |
|---|---|---|
| Part 2___5 | String | Line 5 - List name of payer: |
| Part 2___6 | String | Line 6 - Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-SR, line 3b |
Part 3
| Field Name | Data Type | Field Description |
|---|---|---|
| Part 3___7a | String | Line 7a - If “Yes,” are you required to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), to report that financial interest or signature authority? See FinCEN Form 114 and its instructions for filing requirements and exceptions to those requirements: |
| Part 3___7b | String | Line 7b - If you are required to file FinCEN Form 114, list the name(s) of the foreign country(-ies) where the financial account(s) are located |
| Part 3___8 | String | Line 8 - During 2022, 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 |
Sample Form
Json output by Docsumo
[
{
"data": {
"Basic Information": {
"Full Name": {
"value": "Robert Smith",
"position": [103, 269, 239, 288],
"confidence": 1.0,
"review_required": false
},
"SSN": {
"value": "722-55-4584",
"position": [1389, 272, 1513, 287],
"confidence": 1.0,
"review_required": false
},
"Form": {
"value": "Schedule B (Form 1040) 2020",
"position": [1294, 2108, 1599, 2127],
"confidence": 1.0,
"review_required": false
},
"OMB No": {
"value": "1545-0074",
"position": [1472.9, 90.9, 1576.7, 132],
"confidence": 1.0,
"review_required": false
}
},
"Part 1": {
"1": {
"value": "19375",
"position": [1535, 408, 1597, 423],
"confidence": 1.0,
"review_required": false
},
"2": {
"value": "19375",
"position": [1536, 874, 1597, 890],
"confidence": 1.0,
"review_required": false
},
"3": {
"value": "",
"position": [],
"confidence": 1.0,
"review_required": false
},
"4": {
"value": "19375",
"position": [1536, 1007, 1596, 1023],
"confidence": 1.0,
"review_required": false
}
},
"Part 2": {
"5": {
"value": "1321",
"position": [1549, 1107, 1597, 1122],
"confidence": 1.0,
"review_required": false
},
"6": {
"value": "1321",
"position": [1548, 1641, 1596, 1657],
"confidence": 1.0,
"review_required": false
}
},
"Part 3": {
"7a": {
"value": "",
"position": [],
"confidence": 1.0,
"review_required": false
},
"7b": {
"value": "",
"position": [],
"confidence": 1.0,
"review_required": false
},
"8": {
"value": "",
"position": [],
"confidence": 1.0,
"review_required": false
}
}
}
}
]
Updated 5 months ago