Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Jun 1, 2019 11:22:06 AM

Where should formatting errors in TurboTax be reported? When $ & ¢ are used in Sch B & Form 8949 (p. 2), exact dollar amounts lack 00 after the decimal & are misaligned.

0 4 849
4 Replies
Level 15
Jun 1, 2019 11:22:07 AM

The program rounds all entries ... the IRS doesn't use pennies. 

Level 2
Jun 1, 2019 11:22:09 AM

Yes, on final sums, but on those two forms named above, the actual details are printed to the penny.  And only when the actual line item is a whole number, the program prints it out with the dollar value followed by the decimal point totally right-aligned, and not decimal aligned.  The problem is that a "00" is omitted after the decimal point, while all the values with cents are included aligned with each other.  It is a formatting error only and does not seem to adversely affect the actual values--but it is an annoying error.

Level 15
Jun 1, 2019 11:22:10 AM

Rounding each entry as it is entered is allowed by the IRS  is what the TT program has always done and will continue to do even if you enter in the cents.  Overall this usually has no effect on the overall return.

Level 15
Jun 1, 2019 11:22:12 AM

If you mean the printing of the forms are off then that is an issue with the PDF printer program ... make sure it is up to date.