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Get your taxes done using TurboTax
Rounding errors are an annoyance that comes with the system. The IRS rounds everything to the nearest dollar and so TurboTax does too. It can make everything a little difficult.
The easiest fix is to add or subtract a dollar from your bank account balance to get it to match. The more difficult fix is to go back through the income and expenses that you entered and round each one to the nearest dollar. The error you're getting even after fixing the difference is because of some change hanging around somewhere. Once you've rounded each individual income and expense entry to the nearest dollar you may still have a rounding error. At that point it will be easily fixed by adding or subrtracting a dollar from an expense here or there.
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March 30, 2023
1:13 PM