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hurleys90
New Member

Why am I being forced to upgrade from Free Turbo Tax to Plus because I got a .48 cent 1099R?

 
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Why am I being forced to upgrade from Free Turbo Tax to Plus because I got a .48 cent 1099R?

This is rounded down. So, you do not have to report it, because it will be zero.

The IRS does allow you to round to whole numbers, "so if it’s less than 50 cents, you could not claim it and still be following the rules,” she adds.

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3 Replies

Why am I being forced to upgrade from Free Turbo Tax to Plus because I got a .48 cent 1099R?

This is rounded down. So, you do not have to report it, because it will be zero.

The IRS does allow you to round to whole numbers, "so if it’s less than 50 cents, you could not claim it and still be following the rules,” she adds.

hurleys90
New Member

Why am I being forced to upgrade from Free Turbo Tax to Plus because I got a .48 cent 1099R?

Thank you for the info!

Why am I being forced to upgrade from Free Turbo Tax to Plus because I got a .48 cent 1099R?

You are welcome!!
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