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TurboTax rounding on 1099B forms
For example:
On my 1099-B form:
Proceeds = $105.15 Cost = $845.59 Loss = $740.43
When turbotax filled the tax forms, it rounded Proceeds = $105, Cost=$846, so that Loss = $741
But technically speaking, we cannot round the actual loss $740.43 to $741.
‎February 19, 2024
12:37 PM