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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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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Level 7

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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Level 7

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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