Nashley has interest income from her bank account and dividend income from her investments. Which form should she use to report both types of income?

Schedule B is used to report taxable interest income and ordinary dividends, so Nashley should use it for both types of income. A W-2 reports wages, and Schedule A is for itemized deductions. Form 1040 is the main individual income tax return, but Schedule B is the specific form for reporting this interest and dividend income.

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