- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
TurboTax rounds all proceeds and cost basis numbers to the nearest dollar. So when these rounded numbers are added up on form 8949, there can be a rounding error which be large in dollars as half the number of entries on form 8949.
This is accepted by the IRS. And you should worry about these differences with the totals reported on your broker's forms 1099-B.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 22, 2021
10:40 AM