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Could I get some more help on rounding? I get that the IRS rounds, but for a 1099Q form where boxes 2 and 3 must add up to box 1, now rounding is a problem. If i round the three amounts based on the 50 cent rule, boxes 2 and 3 do not come out to box 1's rounded value. Am I supposed to improperly round? I cant get past the screen unless I do.
For example, if
box 1 = $30.68
box 2 = $16.44
box 3 = $14.24
the IRS sees it as $31, $16, $14. But $16+$14 does not equal $31. So am I supposed to improperly round box 1 and say it is $30 instead of $31?
‎January 24, 2024
11:07 AM