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Investors & landlords
It is rounding before subtracting. Every other year it worked correctly. This year not so much. for example : If I have a sale of 2,345.67 and a cost basis of 1,234.45 = 1,111.22 or rounded 1,111 . TT is taking the numbers as follows 2,346 - 1,234 =1,112. Resulting in a $1 dollar difference - this occurs repeatedly and the final totals are off significantly. So I don't know what to tell you besides fix the program. I grow tired of hearing that the IRS allows the number to be rounded. Allow and requires are two different things, and I prefer my taxes to be correct to the dollar.
March 9, 2021
12:21 PM
7,576 Views