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On my 1099 my distribution is 0.27 do I have to put it in? It is coming up red like there is a mistake
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February 9, 2021
8:43 AM
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Retirement tax questions
You do not have to enter a distribution of 27 cents. All amounts on a tax return are rounded to whole dollars. The 27 cents would get rounded to zero.
February 9, 2021
8:50 AM
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Retirement tax questions
No, if it is less than .50 round down to zero. Do not enter zero income on your return.
February 9, 2021
8:52 AM