The amount of income and expenses may be entered as is but will be rounded off or drop down to the nearest whole dollar amount in Turbo Tax. For example, $5.45 will be displayed as $5.00 on the income tax return while $5.60 will be displayed as $6.00
The IRS and the State checks all the income tax returns for accuracy. The difference of the rounding off and dropping down the numbers to the next wole dollar might be acceptable as long as it is reasonable.
