CatinaT1
Expert Alumni

Retirement tax questions

No. Rounding is okay. According to the IRS:

 

If rounding is used, it must be used consistently. Amounts should be rounded to the nearest whole dollar by dropping amounts under 50 cents and increasing amounts from 50 to 99 cents to the next dollar. For example, $2.30 becomes $2 and $2.50 becomes $3.

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