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xcrcr
New Member

Should .50 be rounded up to 1.00 or down to 0.000

 
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Should .50 be rounded up to 1.00 or down to 0.000

To round off amounts to the nearest whole dollar, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes $3. If

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3 Replies

Should .50 be rounded up to 1.00 or down to 0.000

To round off amounts to the nearest whole dollar, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes $3. If

dave-m22
New Member

Should .50 be rounded up to 1.00 or down to 0.000

Turbotax online is wrong.  It rounded mine down by itself.  4-2019
I entered 32,731.50 for 1099-MISC and it rounded down to 32,731 for calculations.
dave-m22
New Member

Should .50 be rounded up to 1.00 or down to 0.000

Turns out the site asks for all the digits - but then throws them out and doesn't round at all.  I entered 32,731.51   and also tried 32731.99 and it still rounded down.  

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