NM1
Level 4
Member profile
- Replies
- Posts
-
An RRSP is a tax-deferred account, so cost basis is irrelevant (in both Canada and the U.S.). 100% of the withdrawal is treated as ordinary income, basically li...
-
I wouldn't hold your breath. The IRS' own published instructions on rounding have been quoted in several forum discussions about this problem (threads initiated...
-
Unfortunately, that doesn't really seem like a productive way either to encourage discussion/response or to get problems fixed. 😕
-
@AmyC, I'm sorry, but your statement is incorrect. The IRS does not require rounding; they just want you to be consistent about it, andnever use rounding during...
-
Note to Intuit readers: this thread contains two problems, so, for clarity:1. TT rounds amounts on worksheets and other forms *before* doing arithmetic on them....
Activity Feed for NM1
- Got Cheered for Re: Is it possible to turn off rounding?. March 16, 2025 3:32 PM
- Got Cheered for Re: Is it possible to turn off rounding?. February 19, 2025 4:09 PM
- Posted Re: Reporting Canadian RRSP Withdrawl on US Taxes on Retirement tax questions. October 26, 2024 4:04 PM
- Got Cheered for Re: Reporting Canadian RRSP Withdrawl on US Taxes. April 12, 2024 8:44 AM
- Posted Re: Schedule 1, Line 17 incorrectly adding rounded monthly insurance premiums (instead of adding ... on Get your taxes done using TurboTax. March 10, 2024 2:42 PM
- Got Cheered for Re: Schedule 1, Line 17 incorrectly adding rounded monthly insurance premiums (instead of adding .... March 10, 2024 8:10 AM
- Cheered Re: Do I use schedule 1 or schedule c? I have a regular job and get a w2, but I was asked to give... for HopeS. March 9, 2024 3:54 PM
- Cheered Re: Do I use schedule 1 or schedule c? I have a regular job and get a w2, but I was asked to give... for HopeS. March 9, 2024 3:53 PM
- Posted Re: Is it possible to turn off rounding? on Get your taxes done using TurboTax. March 9, 2024 3:43 PM
- Posted Re: Schedule 1, Line 17 incorrectly adding rounded monthly insurance premiums (instead of adding ... on Get your taxes done using TurboTax. March 9, 2024 9:34 AM
- Posted Re: Is it possible to turn off rounding? on Get your taxes done using TurboTax. March 9, 2024 9:33 AM
- Got Cheered for In my case, I have a number ending in .50 which is rounde.... March 8, 2024 6:39 PM
- Posted Re: Reporting Canadian RRSP Withdrawl on US Taxes on Retirement tax questions. February 24, 2024 12:56 PM
- Posted Re: Reporting Canadian RRSP Withdrawl on US Taxes on Retirement tax questions. February 23, 2024 1:44 PM
- Cheered Re: Reporting Canadian RRSP Withdrawl on US Taxes for DaveF1006. February 23, 2024 1:17 PM
- Got Cheered for Re: Reporting Canadian RRSP Withdrawl on US Taxes. February 23, 2024 10:05 AM
- Cheered Re: Reporting Canadian RRSP Withdrawl on US Taxes for AmyC. February 22, 2024 10:15 PM
- Posted Re: Reporting Canadian RRSP Withdrawl on US Taxes on Retirement tax questions. February 22, 2024 10:09 PM
- Got Cheered for Re: Reporting Canadian RRSP Withdrawl on US Taxes. June 27, 2023 3:53 AM
- Got Cheered for Re: Reporting Canadian RRSP Withdrawl on US Taxes. March 17, 2023 7:58 AM