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wv65byrd
New Member

On my 1099 my distribution is 0.27 do I have to put it in? It is coming up red like there is a mistake

 
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2 Replies
rjs
Level 15
Level 15

On my 1099 my distribution is 0.27 do I have to put it in? It is coming up red like there is a mistake

You do not have to enter a distribution of 27 cents. All amounts on a tax return are rounded to whole dollars. The 27 cents would get rounded to zero.

 

ColeenD3
Expert Alumni

On my 1099 my distribution is 0.27 do I have to put it in? It is coming up red like there is a mistake

No, if it is less than .50 round down to zero. Do not enter zero income on your return.

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