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January 30, 2023
Question

I put in my box 1 amount for my 1098-E, TT is rounding it up to the nearest dollar. I've tried going back to make it exact but it does it again. Will I get in trouble?

  • January 30, 2023
  • 1 reply
  • 0 views
the exact amount ends in $xxx.92 but I'm worried rounding up is just asking for trouble but it won't let me put in exact. Should I round down instead?

1 reply

Employee
January 30, 2023

The IRS requires all values be rounded.