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Steven (45) and Dawn (46) are married, and they will file a joint return. During the year, they earned investment income consisting of:
$200 interest income from a savings account with their local bank, reported on Form 1099-INT.
$350 interest income from a certificate of deposit held with another local bank, reported on Form 1099-INT.
$100 in dividends from a savings account with a local credit union, reported on Form 1099-INT.
$250 interest income from a U.S. Treasury note, reported on Form 1099-INT.
$500 tax-exempt interest income from a municipal bond investment, reported on Form 1099-INT.
$1,700 in ordinary dividends from a mutual fund investment, reported on Form 1099-DIV.
Complete Steven and Dawn's Schedule B (Form 1040), Interest and Ordinary Dividends.
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