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Level 1
October 15, 2021
Question

Do I enter cents?

  • October 15, 2021
  • 3 replies
  • 0 views

When filling out the turbo tax forms, do I need to enter cents, or round up or down to whole dollars? That’s how I did it when filling out paper 1040s.

3 replies

Level 15
October 15, 2021

You can enter the exact amounts with cents--TT will round it anyhow when it matters.

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VolvoGirl
Level 15
October 15, 2021

You should enter the cents.  Turbo Tax will do the rounding.   The 1040 won't print the cents .

Level 2
October 15, 2021

Enter all of your financial figures as you have them. TurboTax will automatically round up or down.