Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income — Wages, Interest, etc. Workout

Skills Workout

Certification Warm Up: Question 1 of 2

Marie and her husband Arturo have three Forms 1099-INT:

  • State of Washington Bond interest $300
  • Epping Credit Union, $600
  • Brenton Savings and Loan, $960

How much interest income should they report on Form 1040, Schedule B, Part I?

A $1,560
B $1,860
C $300
D $1,260


Form 1040 Instructions
Schedule B, Interest and Ordinary Dividends
Publication 4012, Schedule B – Interest and Dividends

Form 1040 Instructions

Schedule B, Interest and Ordinary Dividends

Publication 4012, Schedule B – Interest and Dividends