TurboTax fetched tax document directly from Robinhood. Seems like doing round figure of each txns it's showing $10 less capital gain. Is that find to proceed with?

skumarnvcghd · ‎February 22, 2021

TurboTax fetched tax document directly from Robinhood. Seems like doing round figure of each txns it's showing $10 less capital gain. Is that find to proceed with or I need to make some corrections. While editing Turbo tax doesn't take cents so it will still give me same amout which it calculated automatically. How to proceed?

MinhT1 · ‎February 22, 2021

TurboTax has rounded the imported numbers according to the IRS rules. There is no need to adjust the numbers. It is OK to have some dollars of difference in the totals.

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View solution in original post

skumarnvcghd · ‎February 22, 2021

I found the answer on below link.

https://ttlc.intuit.com/community/retirement/discussion/do-turbotax-rounded-1099-b-input-entries-nee...

MinhT1 · ‎February 22, 2021

TurboTax has rounded the imported numbers according to the IRS rules. There is no need to adjust the numbers. It is OK to have some dollars of difference in the totals.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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TurboTax fetched tax document directly from Robinhood. Seems like doing round figure of each txns it's showing $10 less capital gain. Is that find to proceed with?