- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@sfamsieg wrote:It seems the issue with rounding has been fixed recently. After deleting and importing 1099-B forms again numbers in Totals look fine.
Then they broke it again for Tax year 2021, as I just noticed the issue when trying to divvy up my income between two states for a move. Since the total amount depends on my residency when sold, I have to do summation based on sale date, and then find the ratio and apply that to the total. Otherwise I have to redo my summation off the rounded values in Form 8949, but that's a pain and something TT should be able to do for me given they know my residency switch date and the sale dates of all the stocks.
What's nice is dividends were imported as the sum total, so I don't have to deal with early rounding there.
If you elect not to put summary values and only got stock sales at $0.50 and below, this rounding would mean you could make money without directly reporting it due to the style of entry you chose. And I haven't seen anything saying you have to choose a method of entry with an error of less than XX% or anything like that.