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Retirement tax questions
I opened my 2019 tax return, and the cents are there and then totaled correctly and rounded at the end. This is not the case with the 2020 turbotax. Yes, the IRS says you can round each transaction, but why would we, when the data is imported with the cents, then the cents are dropped for each transaction on form 8949. This just shows that the data is inconsistent. If i go and drop the cents on all my transactions - which will take a lot of time, I still won't match my 1099-B. I am tired of seeing responses that turbo tax is correct. Turbo tax is forcing us to do something that is optional, and creating a discrepancy between IRS reporting and TT reporting. 2019 was correct . Fix the problem.
March 6, 2021
6:46 PM