
Anonymous
Not applicable
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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!
‎February 28, 2021
12:28 PM