Arianna, a single taxpayer, had wage income of $59,475 in 2020. Her only other income was dividend income reported to her on For

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DerKrebs [107]

1 year ago

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Arianna, a single taxpayer, had wage income of $59,475 in 2020. Her only other income was dividend income reported to her on For

m 1099-DIV. She is required to file a Schedule B if her dividend income is greater than:

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1 answer:

sergiy2304 [10] · Answer 1 · 2023-04-19T22:52:38+03:00

Considering the situation described above, Arianna is required to file a Schedule B if her dividend income is higher than "$1,500."

According to the existing rules and regulations, individuals must file a Schedule B when the total amount of dividends or interest received is over $1,500.

Generally, it should be noted that Schedule B only requires individuals to report information about the received dividend and interest income.

Hence, in this case, it is concluded that the correct answer is "$1,500."

Learn more about Schedule B here: brainly.com/question/25116167