About marmil

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Solved Re: 1099-R Rounding error on total amount

"MAY" does not equal "REQUIRES"you are just stating what the rule is IF you OPT to use roundingthere is NO REQUIREMENT TO ROUND

marmil

Updated Mar 28, 2022
Re: TurboTax Early Rounding Issues creating LARGE variances between ...

two points- as was noted by another commenter, this is a relatively new change in turbotax-- so it has NOT been around a long time and thoroughly worked outSECO...

marmil

4

Updated Apr 12, 2023
Re: The IRS requires rounding to the nearest dollar. 49 cent...

the IRS does NOT require roundingIF you round, then the rule you state is correct -- but ROUNDING IS NOT REQUIRED BY IRSvery annoying that turbotax is forcing t...

marmil

Updated Feb 15, 2022
Re: I have entered my wages and turbo tax has rounded up the amount....

the IRS rule is you CAN round off.............NOT you MUST round offBut turbotax refuses to give the taxpayer the exact rule -- I do NOT want to round off.........

marmil

5

Updated Mar 23, 2024
Re: TurboTax Early Rounding Issues creating LARGE variances between ...

They fix it in the 1099 when you enter it in the worksheets.................but when it makes it to the actual tax forms, each document is being rounded...........

marmil

1

Updated Apr 12, 2023

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