2403148
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
You'll need to sign in or create an account to connect with an expert.
The IRS prefers rounding. Let the program round the value.
You cannot change this. All returns are rounded.
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
The program rounds because the IRS requires it ... nothing to be changed or corrected.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Barry34
Returning Member
kd764
Returning Member
JonnyEP
Level 2
DK210
Level 1
eoltman
Level 2