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Jeremy Lyons (SSN 262-19-1999) receives the following 1099 income during the year. Use this information to prepare Lyon's Schedule B. Lyons has no interests in
Jeremy Lyons (SSN 262-19-1999) receives the following 1099 income during the year. Use this information to prepare Lyon's Schedule B. Lyons has no interests in foreign bank accounts.
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Form 1099-INT: |
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| State of Delaware Tax Exempt Muncipal bonds | $1,000 |
| First National Bank of New Jersey | 822 |
Form 1099-DIV: |
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| Sweeney Corporation | $1,940 |
| IBM Corporation | 2,250 |
a. Refer to Schedule B. What are the amounts on line 2, 4, and 6?
b. What is the line no. on Form 1040 to report interest income? __________
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