I appreciate the comments about rounding. However, depending upon the numbers, the final "net" column in Form 8949 can show $1, $0 or ($1) because of this rounding.
The $1 is bad enough, since it gives me a gain when there should be none.
But the ($1) is even worse since it violates the rule that losses on a sale of a personal item cannot be taken. Is the IRS going to accept a Form 8949 showing that one dollar loss?
Seems to me that the IRS rounding rule should be amended to allow the taxpayer to enter a Code L correction on 8949 that is exactly the integer amount to offset the integer loss obtained by rounding both the purchase and selling prices. In other words, that obviates the fact that round(A - B) is NOT necessarily equal to round(A) - round(B).
