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Investors & landlords
TurboTax limits the number of digits in data entry fields to nine, including the cents figures to the right of the decimal point.
To illustrate, enter the 8-digit amount 10,000,000 into box 1 of your W-2 form in TurboTax. (Don't you wish?) TurboTax will add .00 to the amount, exceeding the 9-digit limit, and you'll see the message The value is too large for this field. Please enter a smaller number.
To get around this, break the transaction down into two or three equal transactions with identical information.
Related information:
‎June 1, 2019
5:09 AM