Retirement tax questions
For some, rounding is an issue. Make sure that the IRS form 1099-K is entered with box 1a rounded up or down, whichever is appropriate.
Then the entries on IRS form 8949 / Schedule D Capital Gains and Losses must also be rounded up or down.
Second, are you able to view the tax return to compare the amounts from column (d) Proceed (sales price) on IRS form 8949 to the income reported on an IRS form 1099-K?
In the online versions, you may view or print at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets after you have paid for the software.
In the Desktop versions, one can look at the tax return by clicking FORMS, or by viewing the PDF through the Print Center.
Third, @DMarkM1 here suggests reporting only the IRS form 1099-B / IRS form 8949 / Schedule D Capital Gains and Losses entries. "Generally, for tax reporting, you just need to report the income shown on the 1099K without necessarily entering the form itself."
