topic Inconsistent rounding on Schedule B compared to other forms and Schedules in Get your taxes done using TurboTax

Inconsistent rounding on Schedule B compared to other forms and Schedules

sebcarotte — Mon, 09 Mar 2026 05:54:15 GMT

Hi,

I'm filing my taxes using TT and it seems the rounding is not always consistent across forms and schedules.

For example I imported a 1099-DIV with those info

1a Total Ordinary Dividends $ 435.25
1b Qualified Dividends $ 197.82
2a Total Capital Gain Distributions $ 29.78
5 Section 199A Dividends $ 3.16
7 Foreign Tax Paid $ 14.27

And I imported a 1099-INT with the following detail

1 Interest Income $ 56.54

The problem is that on Schedule B, the dividends appears as not rounded ($ 435.25) as well as the interest income ($ 56.54)

Whereas the other amounts like qualified dividend ($198), Capital gains ($30) appear as rounded on 1040 and 199A Dividends appears also as rounded ($3) on form 8995, as well as Foreign Tax Paid, rounded ($14) on Schedule 3.

It also generates a discrepancy because my dividends on Schedule B are $ 435.25 whereas it is rounded on 1040 - 3b to $435

Same for the total interests that are $ 1,862.54 on Schedule B (I have in addition of the $ 56.54, $1,806 of interests from foreign account which I obtained using the treasury rates and rounded) whereas on 1040 - 2b it is reported as $1863

From what I read on TT, it's either all numbers are rounded or none, so I would like to see how can I have those numbers rounded on Schedule B?

Thanks
Seb.

Re: Inconsistent rounding on Schedule B compared to other forms and Schedules

rjs — Thu, 17 Feb 2022 03:17:18 GMT

Don't worry about it. TurboTax has been doing it this way for years. You can't change it. The IRS doesn't care about small rounding errors or discrepancies of less than a dollar.

With total interest and dividends of less than $1,500, Schedule B isn't actually going to be included in your tax return anyway. It's just for your reference.

Re: Inconsistent rounding on Schedule B compared to other forms and Schedules

sebcarotte — Thu, 17 Feb 2022 10:06:19 GMT

Thanks rjs.

Ultimately, the total amount is greater than $1,500 so it will be included with my return. From your response, you would not recommend that I round myself when I'm entering the 1099-INT and 1099-DIV for those boxes?

Maybe I can do the other way around and not round my foreign interest accounts to have no number on Schedule B that are rounded? (as an example I had 1,515.91€ of interest which with the TRS rate gives $1,718.72 and for now I entered $1,719. Maybe I should enter $1,718.72 and the same for other interests/dividends?)

Understood that it has been like this for years and they don't seem to care but I would rather not file something with a known discrepancy.

Thanks!
Seb

Re: Inconsistent rounding on Schedule B compared to other forms and Schedules

rjs — Thu, 17 Feb 2022 22:18:16 GMT

@sebcarotte wrote:

From your response, you would not recommend that I round myself when I'm entering the 1099-INT and 1099-DIV for those boxes?

You can do that. Round each individual amount that you enter, and enter everything only in whole dollars. That's what most tax professionals do. It's a good alternative.