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After you file
Critter-3 is correct. It’s fine to use a rounded number.
According to Rounding off dollars under Computations in the IRS’ Your Federal Income Tax For Individuals,
You can round off cents to whole dollars on your return and schedules. If you do round to whole dollars, you must round all amounts. To round, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes $3.
If you have to add two or more amounts to figure the amount to enter on a line, include cents when adding the amounts and round off only the total.
January 23, 2022
8:50 AM