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Retirement tax questions
I completely agree. This is embarrassing TurboTax. Fix it. It was not a problem last year, but this year anyone with hundreds of transactions is going to have issues reconciling their numbers precisely with their 1099-B. Do not round the intermediary calculations....only the end result! If this is not fixed, we are left to hunt for where the variance comes from between what TurboTax calculates and the 1099-B reports . We can't just assume the variance comes from rounding. The purpose of having everything reconcile/tie out is that you know all your data is clean. If someone has a variance now then they might assume it it is just rounding when there could be another problem coupled with it.
‎February 14, 2021
6:45 PM
6,297 Views