Solved: I'm entering my interest in the Turbo Tax 1099 tax form, and it appears to be rounding $10.50 to $11.00. Is this normal/okay?
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    laura-e4man
    New Member
    posted
    ‎June 6, 2019 4:20 AM
    last updated ‎June 06, 2019 4:20 AM

    I'm entering my interest in the Turbo Tax 1099 tax form, and it appears to be rounding $10.50 to $11.00. Is this normal/okay?

    I'm entering my interest in the Turbo Tax 1099 tax form, and it appears to be rounding $10.50 to $11.00. Is this normal/okay?

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    PatriciaV
    Level 7
    ‎June 6, 2019 4:20 AM

    I'm entering my interest in the Turbo Tax 1099 tax form, and it appears to be rounding $10.50 to $11.00. Is this normal/okay?

    Yes. The IRS works in round dollars (no cents), so TurboTax handles the rounding for you.

    View solution in original post

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    PatriciaV
    Level 7
    ‎June 6, 2019 4:20 AM

    I'm entering my interest in the Turbo Tax 1099 tax form, and it appears to be rounding $10.50 to $11.00. Is this normal/okay?

    Yes. The IRS works in round dollars (no cents), so TurboTax handles the rounding for you.

    View solution in original post

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