Question
Rounding in TT Online.
I am filing with 3 separate W2s across my spouse and myself. Based on a reviewing my 1040 via the print centre, TT is rounding up/down the federal tax paid on each W2 and then combining the rounded numbers to populate the 1040. This overstates the tax paid, vs if the the figures of each of the 3 x W2s were added together and that total rounded. TT's way rounds up the other would round down. Does TT's way sound correct. Even if the difference is only $1 usd I don't want to overstate the tax paid, as much to prevent the return being rejected because the numbers don't tally with the IRS records.
