Is anyone finding that TurboTax is rounding up to the nearest dollar when entering the amount received from the Advance Child Tax credit (form 6419)? Is this ok?

I am entering $x,xxx.50 for myself and $x,xxx.50 for my wife, but then it rounds the dollar amount up. This seems like it would cause an issue with not matching what the IRS has.

242

Level 15

Jan 22, 2022 3:16:43 PM

Ok ... this is an issue with the auto rounding program ... so here is the work around. You can either add the 2 amounts together and enter it all under ONE parent and put a zero on the other OR if the amount is say 300.50 on both letters then enter 300 on one parent and 301 on the other.

601 + 0 = 601

300.50 + 300.50 = 601 and 300 + 301 = 601

LOOK at the form line instructions :

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Is anyone finding that TurboTax is rounding up to the nearest dollar when entering the amount received from the Advance Child Tax credit (form 6419)? Is this ok?