IRS Form 1040 Schedule B (2020)

IRS Form 1040 Schedule B (2020) is used to report over $1,500 of taxable interest or ordinary dividends, interest from a seller-financed mortgage when the buyer used the property as a personal residence, and/or accrued interest from a bond.

The form_type parameter A_1040_SCHEDULE_B_2020 for the Upload PDF endpoint is required for this Form Type.

Learn more about how we process the 2020 edition of 1040 Schedule B forms here.

Optional fields captured

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Configuration-Driven Output

All fields below are optionally captured, depending on your order form. To adjust fields captured, please speak with your Ocrolus Account Manager.

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SCHEDULE B

The form type A_1040_SCHEDULE_B_2020 supports data capture from the IRS 1040 Schedule B only. Form 1040 (first 2 pages) is processed as a separate form type.

JSON Attribute

Data Type

Description

a_1040_schedule_b_2020-General:year

Integer

Year

a_1040_schedule_b_2020-General:nameShownOnReturn

Text

Name Shown On Return

a_1040_schedule_b_2020-General:additionalNameShownOnReturn

Text

Additional Name Shown On Return

a_1040_schedule_b_2020-General:yourSocialSecurityNumber

Text

Your Social Security Number

a_1040_schedule_b_2020-Part1-InterestNontabular:line2-AddTheAmountsOnLine1

Money

Line 2 - Add The Amounts On Line 1

a_1040_schedule_b_2020-Part1-InterestNontabular:line3-ExcludableInterestOnSeriesEeAndIU.S.SavingsBondsIssuedAfter1989.AttachForm8815

Money

Line 3 - Excludable Interest On Series EE And I U.S. Savings Bonds Issued After 1989. Attach Form 8815

a_1040_schedule_b_2020-Part1-InterestNontabular:line4-SubtractLine3FromLine2

Money

Line 4 - Subtract Line 3 From Line 2

a_1040_schedule_b_2020-Part2-OrdinaryDividendsNontabular:line6-AddTheAmountsOnLine5

Money

Line 6 - Add The Amounts On Line 5

a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line7A-During2020-FinancialInterestInAFinancialAccountInAForeignCountry

YES
NO

Line 7A - During 2020 - Financial Interest In A Financial Account In A Foreign Country

a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line7A-IfYes-RequiredToFileFincenForm114

YES
NO

Line 7A - If Yes - Required To File FinCEN Form 114

a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line7B-IfRequiredToFileFincenForm114-NameOfTheForeignCountry

Text

Line 7B - If Required To File FinCEN Form 114 - Name Of The Foreign Country

a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line8-During2020-ReceivedDistributionFrom-GrantorOf-TransferorToAForeignTrust

YES
NO

Line 8 - During 2020 - Received Distribution From - Grantor Of - Transferor To A Foreign Trust

Optional itemized line item fields captured

Field data attributed to itemized line items in the Invoice is captured as a Table object.

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Form-Driven Output

column_ids associated with the Table object will be a subset of the following list that matches the line item headers as they appear on the specific form.

Column ID

Data Type

Description

line5-Amount

Money

Amount

line5-List-NameOfPayer

Text

Payer Name

line1-Amount

Money

Amount

line1-List-NameOfPayer

Text

Payer Name

Sample Form

The below Ocrolus Sample PDF (input) matches the below Sample JSON Result (output).

Sample JSON Result

{
    "status": 200,
    "response": {
        "pk": 25750399,
        "uuid": "e65cccc0-1d2c-4829-b353-26c5a5f45c81",
        "forms": [
            {
                "pk": 27721768,
                "uuid": "6649e84e-ab34-4cd8-9dc3-29fd770c5c83",
                "form_type": "A_1040_SCHEDULE_B_2020",
                "form_config_pk": 11541,
                "tables": [
                    {
                        "pk": 16966,
                        "columns": [
                            {
                                "column_id": "line5-ListNameOfPayer",
                                "alias_used": "Line 5 - List Name Of Payer"
                            },
                            {
                                "column_id": "line5-Amount",
                                "alias_used": "Line 5 - Amount"
                            }
                        ],
                        "rows": [
                            {
                                "cells": {
                                    "line5-ListNameOfPayer": {
                                        "value": "FIDELITY BROKERAGE SERVICES, LLC"
                                    },
                                    "line5-Amount": {
                                        "value": "1321.00"
                                    }
                                },
                                "page_doc_pk": 128207985,
                                "page_idx": 0
                            }
                        ]
                    },
                    {
                        "pk": 16965,
                        "columns": [
                            {
                                "column_id": "line1-ListNameOfPayer",
                                "alias_used": "Line 1 - List Name Of Payer"
                            },
                            {
                                "column_id": "line1-Amount",
                                "alias_used": "Line 1 - Amount"
                            }
                        ],
                        "rows": [
                            {
                                "cells": {
                                    "line1-ListNameOfPayer": {
                                        "value": "LINDA SMITH"
                                    },
                                    "line1-Amount": {
                                        "value": "19375.00"
                                    }
                                },
                                "page_doc_pk": 128207985,
                                "page_idx": 0
                            }
                        ]
                    }
                ],
                "raw_fields": {
                    "a_1040_schedule_b_2020-General:year": {
                        "value": "2020",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-General:nameShownOnReturn": {
                        "value": "ROBERT SMITH",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-General:yourSocialSecurityNumber": {
                        "value": "722-55-4584",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-General:additionalNameShownOnReturn": {
                        "value": "",
                        "is_empty": true,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part1-InterestNontabular:line2-AddTheAmountsOnLine1": {
                        "value": "19375.00",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part1-InterestNontabular:line4-SubtractLine3FromLine2": {
                        "value": "19375.00",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part2-OrdinaryDividendsNontabular:line6-AddTheAmountsOnLine5": {
                        "value": "1321.00",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line7A-IfYes-RequiredToFileFincenForm114": {
                        "value": "",
                        "is_empty": true,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line7B-IfRequiredToFileFincenForm114-NameOfTheForeignCountry": {
                        "value": "",
                        "is_empty": true,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line7A-During2020-FinancialInterestInAFinancialAccountInAForeignCountry": {
                        "value": "NO",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part3-ForeignAccountsAndTrusts:line8-During2020-ReceivedDistributionFrom-GrantorOf-TransferorToAForeignTrust": {
                        "value": "NO",
                        "is_empty": false,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    },
                    "a_1040_schedule_b_2020-Part1-InterestNontabular:line3-ExcludableInterestOnSeriesEeAndIU.S.SavingsBondsIssuedAfter1989.AttachForm8815": {
                        "value": "",
                        "is_empty": true,
                        "alias_used": null,
                        "source_filename": "Sample 1040 Schedule B 2020.pdf"
                    }
                }
            }
        ]
    },
    "message": "OK"
}

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