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Get your taxes done using TurboTax
This rounding method, for my tax situation, resulted in a capital gain larger than the number on the 1099-B using the exact numbers (so I pay more taxes since it inflated by capital gain) and a capital loss smaller than the number on the 1099-B using the exact number (repeat the pay more taxes comment).
Why doesn't TT compute the gain/loss using the exact numbers and then round the gain/loss? It seems like this would be more accurate.
thanks.
March 9, 2021
2:24 PM