1. Christina Ruiz provides you with the following information regarding her investment income.
Interest received:
Cavendar State Bank checking account
|
$ 43
|
Federal Employee's Credit Union
|
881
|
City of Singapore bonds
|
990
|
New Jersey Urban Development bonds
|
382
|
Dividends received:
Ford Motor Company $120
New Core preferred stock 220
Northwestern Publishing Inc. 400
In addition, Northwestern Publishing Inc. issued a 5% stock dividend on August 15. Christina received 25 dividend shares, which were trading at $23 per share on August
2. Prepare Christina's Schedule B. Her Social Security number is 568-33-2541. Forms and instructions can be downloaded from the IRS Web site (www.irs.gov/ formspubs/index.html).