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Get your taxes done using TurboTax
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The IRS requires returns submitted to them be rounded to the nearest whole dollar. An IRS computer matches what is on your return to what was turned in by others. That catches your return for a hold until human eyes can look.
If your return is only off by $1 in rounding, it would not normally be an issue. However, since COVID, the IRS has pulled employees from many departments trying to get caught up with tax returns and many more issues than normal are popping up. <<<
so are you telling me that if my pension payout is $2311.08 and i put $2311 on the form that i'll get flagged or audited by the irs? last year i was off my 7-cents and i had to fax (FAX!) my form in to them and they had the form and turbotax had the form and i had the form and everyone already had the fscking form! why am i being singled out for pennies when the well off skate through with millions of dollars in deliberate errors?
if this was true, could humans not tell it was an error of pennies and not some domestic terrorist refutation of the irs? this sucks wind.