Anonymous
Not applicable

Investors & landlords

Wow, this is driving me crazy.  Guess it's good to know it's not just me.  Example of the error:

 

Cost basis:  499.47.   TT rounds this down to 499

Proceeds:  605.52.   TT rounds this up to 606

Gain is 107 to TT

But! The gain is really only 106.05 in the 1099-B, which rounds down to 106

This is a difference of $1 just in this one transaction.  Multiply by dozens/hundreds of transactions, and the error really starts accumulating.

 

I really hope they fix this!