Investors & landlords

Hi everyone,

I will share my workaround, which I submitted a couple weeks ago, 3/5/2021. As of today (3/17), my state and federal refund is coming into my bank account. So far so good. 

 

I had a $4 discrepancy between 8949 and 1099-B. The -B was higher than the 8949, which meant I would be underreporting my income. After much deliberation, I decided to add one last entry at the end of the investment transactions list in TT:

 

"Correction for Turbotax rounding error"

01/01/2020 purchase date

12/31/2020 sale date

Basis $0

Proceeds $4

 

It brought my 8949 to match the 1099-B. They accepted it, and refund is in my account. 

 

Use at your own risk, but I thought being exact was most important.