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New Member
posted Oct 14, 2021 7:14:56 PM

Do I enter cents?

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.

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3 Replies
Level 15
Oct 14, 2021 7:16:42 PM

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

Level 15
Oct 14, 2021 7:17:05 PM

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

Returning Member
Oct 15, 2021 12:06:48 AM

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