Due to the way TurboTax rounds each line, the final values do not align with my company's books with both the P&L and Balance Sheet. It's only off by $2. Is this something that I should let ride or should I make adjustments to specific lines to make it accurate?
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Let it ride. The IRS doesn't care about small rounding errors.
Thanks, I figured that to be the case. I just get hung up when Turbo Tax prompts me with a question like 'does $x amount match your books'? I have to say yes even though *technically* it is not true.
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