Answer:
The income from interest and dividends should be reported as follows on Form 1040 and/or Schedule B:
Answer: b. $600 on line 2b and $350 on line 3b
Step-by-step explanation:
Step-by-step explanation:
Interest income should be reported on line 2b of Form 1040.
Dividend income should be reported on line 3b of Form 1040.
So, in this case, $600 should be reported on line 2b for interest income, and $350 should be reported on line 3b for dividend income.