topic 72T 5329 Rounding Issue in Get your taxes done using TurboTax

72T 5329 Rounding Issue

jrn8265 — Mon, 09 Mar 2026 04:29:58 GMT

Hello, I am trying to enter a 72T amount and Turbotax is rounding up the dollar and will not allow cents. How do I enter the exact 72T amount to the penny for the 5329 form per the IRS? Thanks

Re: 72T 5329 Rounding Issue

Bsch4477 — Mon, 17 Jan 2022 15:37:49 GMT

The IRS prefers rounding. Let the program round the value.

Re: 72T 5329 Rounding Issue

Vanessa A — Mon, 17 Jan 2022 15:48:49 GMT

You cannot change this. All returns are rounded.

Re: 72T 5329 Rounding Issue

jrn8265 — Mon, 17 Jan 2022 15:48:56 GMT

ok I just don't want to be audited as my exact distribution each of the 5 years ends with a 1.78 not a 2.

I am concerned. Is there any way to make it exact? Thanks

Re: 72T 5329 Rounding Issue

Critter-3 — Mon, 17 Jan 2022 15:56:35 GMT

The program rounds because the IRS requires it ... nothing to be changed or corrected.