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Investors & landlords
From IRS 1040 instructions:
Rounding Off to Whole Dollars
You can round off cents to whole dollars on your return and schedules. If you do round to whole dollars,
you must round all amounts. To round, drop amounts under 50 cents and increase amounts from
50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes $3.
If you have to add two or more amounts to figure the amount to enter on
a line, include cents when adding the amounts and round off only the total.
If you are entering amounts that include cents, make sure to include the
decimal point. There is no cents column on the form.
Form 8949 is NOT a schedule. Rounding should not take place until the data is entered on Schedule D.
Let's keep this topic going until TT gets it right.