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Retirement tax questions
The answers here seem to miss the point entirely. It's not that TT2020 is rounding, it's that this behavior is DIFFERENT than how TT2019 and earlier years handled this. In prior years, TT would keep each individual transaction to the penny and only round the total, so that the brokerage 1099-Bs matched the total in TT within $1.
This is now completely different in TT2020 and each transaction is now rounded at the transaction level. I appreciate your discussion of randomness, but the sales prices are not random. They're usually to a whole dollar amount when trading 100 shares, less consistent SEC fees and commissions that do not lead to random sales prices, even across hundreds of transactions.
What I would appreciate in an answer is an explanation as to why this changed from previous years, not simply, "it's okay, it's just rounded" and if Intuit has any plans to update this. It's sloppy and I personally don't like it. If it's deemed a new feature and I should just accept and be happy with it, I'm going elsewhere. Clearly the inflated amounts do not support "Let's get your maximum refund, guaranteed" if I'm paying more taxes as a result, and manually completing lots of extra forms kind of takes away the whole benefit of using tax software. If Intuit would like to reach out to me directly, I'd welcome their response.
Thank you for your help and any additional clarity you may be able to provide.