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Investors & landlords
No, 49 cents or less is rounded down.
The problem with 1095-A is/was, amounts were 31.50 per month and 12 roundings resulted in an error of $6.00.
IRS rejected the return because of a $6.00 difference in the yearly total.
The workaround is to reduce half of the entries by a penny.
‎April 30, 2021
6:15 PM