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February 10, 2021
Question

Turbotax importing tool rounds 8949 making totals mismatch with form proceeds on my 1099-B. this is an issue

  • February 10, 2021
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February 10, 2021

according to the IRS :

Rounding Off to Whole Dollars

You can round off cents to whole dollars on Form 8949. If you do round to whole dollars, round all amounts. To round, drop cent amounts under 50 cents and increase cent amounts over 49 cents to the next dollar. For example, $1.49 becomes $1 and $1.50 becomes $2.

https://www.irs.gov/instructions/i8949