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FYI - Turbotax apparently is rounding individual stock sale amounts instead of rounding the totals of each category (short term, long term etc.)
I just compared my form 8949 with the 1099-B I received and sure enough the amounts listed vary by a few dollars from the 1099-B. All of the gains listed are taxed at 0% on my return so they don't have an affect on my tax refund.
Any suggestions - how concerned should I be?


https://ttlc.intuit.com/community/investments-and-rental-pro...

....TurboTax Early Rounding Issues creating LARGE variances between TurboTax Produced Return and Brokerage 1099-B Data
Edited to be as clear as possible.

"In my 2019 TurboTax Produced Tax Return, Column H on Form 8949 was NOT ROUNDED. In my 2020 TurboTax Produced Tax Return (this year), Column H is Rounded.

The IRS guidance did not change between the two years so please fix it. Rounding every individual transaction on FORM 8949 produces large variances with what the broker sends the IRS on 1099-B for people with hundreds of transactions. Software should not be rounding this number."

*Edited to add the issue is worse than I thought....TurboTax appears to be rounding All dollar amounts on Form 8949 in the final version of returns. Every column that features dollar amounts is being rounded on Form 8949 and that is definitely not REQUIRED by the IRS. We are not using pen and paper so please be precise.

TurboTax software for this year has a serious issue that is upsetting customers. TurboTax is forcing rounding at the individual transaction level for items like stock sales. This creates an enormous problem for people with hundreds of transactions. The early rounding results in a large variance between the Broker to IRS 1099-B statements and what a TurboTax produced return details...."


nag
def. not happy with TTax this year
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