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Level 1
posted Feb 20, 2023 1:50:46 PM

1099-INT erros when entering cents, I need to enter, or I can round

Hello, when I enter menually the amount ifor 1099-INT on box 1, the software is showing incorrect amount. I enter 700.01 and the software shows 7,001.00. Not sure if I can round to 700 to avoid that problem, or if it is a way to sove. Thanks

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1 Replies
Level 15
Feb 20, 2023 1:55:52 PM

IRS prefers rounding. Use 700.