Schedule A & B (10 Schedule A - Itemized Deductions; Schedule B - Interest

SCHEDULES A&B

OMB No. 1545-0074

Schedule A—Itemized Deductions

(Form 1040)

2007

(Schedule B is on back)

Department of the Treasury
Internal Revenue Service

©

Attach to Form 1040.

©

See Instructions for Schedules A&B (Form 1040).

Name(s) shown on Form 1040

Medical
and
Dental
Expenses
Taxes You
Paid
(See
page A-2.)

1
2
3
4
5

Attachment
Sequence No.

07

Your social security number

Caution. Do not include expenses reimbursed or paid by others.
1
Medical and dental expenses (see page A-1)
2
Enter amount from Form 1040, line 38
3
Multiply line 2 by 7.5% (.075)
Subtract line 3 from line 1. If line 3 is more than line 1, enter -0-

6
7
8

State and local (check only one box):
a
Income taxes, or
b
General sales taxes
Real estate taxes (see page A-5)
Personal property taxes
Other taxes. List type and amount ©

9

Add lines 5 through 8

%

4

5
6
7
8

Interest
You Paid

10
11

Home mortgage interest and points reported to you on Form 1098
Home mortgage interest not reported to you on Form 1098. If paid
to the person from whom you bought the home, see page A-6
and show that person’s name, identifying no., and address ©

12

Points not reported to you on Form 1098. See page A-6
for special rules
Qualified mortgage insurance premiums (See page A-7)
Investment interest. Attach Form 4952 if required. (See
page A-7.)
Add lines 10 through 14

(See
page A-5.)
Note.
Personal
interest is
not
deductible.

13
14

Gifts to
Charity

16

If you made a
gift and got a
benefit for it,
see page A-8.

17
18
19

Casualty and
Theft Losses 20
Job Expenses 21
and Certain
Miscellaneous
22
Deductions
23

24
25
26
27

Other
28
Miscellaneous
Deductions
Total
Itemized
Deductions

10

11

15

(See
page A-9.)

9

29

30

12
13
14
15

Gifts by cash or check. If you made any gift of $250 or
more, see page A-8
Other than by cash or check. If any gift of $250 or more,
see page A-8. You must attach Form 8283 if over $500
Carryover from prior year
Add lines 16 through 18

16
17
18
19

Casualty or theft loss(es). Attach Form 4684. (See page A-9.)
Unreimbursed employee expenses—job travel, union
dues, job education, etc. Attach Form 2106 or 2106-EZ
if required. (See page A-9.) ©
Tax preparation fees
Other expenses—investment, safe deposit box, etc. List
type and amount ©

20

21
22

23
24
Add lines 21 through 23
Enter amount from Form 1040, line 38 25
26
Multiply line 25 by 2% (.02)
Subtract line 26 from line 24. If line 26 is more than line 24, enter -0Other—from list on page A-10. List type and amount

27

©

28
Is Form 1040, line 38, over $156,400 (over $78,200 if married filing separately)?
No. Your deduction is not limited. Add the amounts in the far right column
for lines 4 through 28. Also, enter this amount on Form 1040, line 40.
©
Yes. Your deduction may be limited. See page A-10 for the amount to enter.
If you elect to itemize deductions even though they are less than your standard deduction, check here ©

For Paperwork Reduction Act Notice, see Form 1040 instructions.

%

Cat. No. 11330X

29

Schedule A (Form 1040) 2007

Schedules A&B (Form 1040) 2007

OMB No. 1545-0074

Name(s) shown on Form 1040. Do not enter name and social security number if shown on other side.

Attachment
Sequence No.

Schedule B—Interest and Ordinary Dividends
Part I
Interest

1

Page

2

Your social security number

08

Amount

List name of payer. If any interest is from a seller-financed mortgage and the
buyer used the property as a personal residence, see page B-1 and list this
interest first. Also, show that buyer’s social security number and address ©

(See page B-1
and the
instructions for
Form 1040,
line 8a.)

1
Note. If you
received a Form
1099-INT, Form
1099-OID, or
substitute
statement from
a brokerage firm,
list the firm’s
name as the
payer and enter
the total interest
shown on that
form.

Part II
Ordinary
Dividends

2
3

Add the amounts on line 1
Excludable interest on series EE and I U.S. savings bonds issued after 1989.
Attach Form 8815
4 Subtract line 3 from line 2. Enter the result here and on Form 1040, line 8a ©
Note. If line 4 is over $1,500, you must complete Part III.
5

List name of payer

2
3
4
Amount

©

(See page B-1
and the
instructions for
Form 1040,
line 9a.)

Note. If you
received a Form
1099-DIV or
substitute
statement from
a brokerage firm,
list the firm’s
name as the
payer and enter
the ordinary
dividends shown
on that form.

5

6 Add the amounts on line 5. Enter the total here and on Form 1040, line 9a
Note. If line 6 is over $1,500, you must complete Part III.

Part III
Foreign
Accounts
and Trusts
(See
page B-2.)

©

6

You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; or (b) had
a foreign account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust.

Yes No

7a At any time during 2007, did you have an interest in or a signature or other authority over a financial
account in a foreign country, such as a bank account, securities account, or other financial account?
See page B-2 for exceptions and filing requirements for Form TD F 90-22.1
b If “Yes,” enter the name of the foreign country ©
8 During 2007, did you receive a distribution from, or were you the grantor of, or transferor to, a
foreign trust? If “Yes,” you may have to file Form 3520. See page B-2

For Paperwork Reduction Act Notice, see Form 1040 instructions.

Schedule B (Form 1040) 2007