ILLMAS Posted January 27, 2014 Report Share Posted January 27, 2014 In the 2013, I notice the program takes the liberty of rounding on the balance sheet. This happened twice to me already, not a biggie I like matching the financials to the tax return, I was off by $3 due to rounding and the program reduce the the balance sheet cash by $3, I am not complaining either I wished they had this feature before instead of putting a plug to balance. Quote Link to comment Share on other sites More sharing options...
Lee B Posted January 28, 2014 Report Share Posted January 28, 2014 Last year it was optional. You could turn it on or off. Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted January 28, 2014 Author Report Share Posted January 28, 2014 I guess it's automatically enabled on ON for 2013, I didn't know this feature exisited but good to know for future returns. Thanks Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted January 28, 2014 Report Share Posted January 28, 2014 I only enter whole dollars. Never had any issue. Quote Link to comment Share on other sites More sharing options...
KINGCHUCK1971 Posted January 28, 2014 Report Share Posted January 28, 2014 I've always rounded to the nearest dollar since the 90's Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted January 28, 2014 Author Report Share Posted January 28, 2014 Are you referring to corporate tax returns or individuals? I've been doing corporate tax returns for a while now always have to adjust for a dollar or two for rounding. Quote Link to comment Share on other sites More sharing options...
KINGCHUCK1971 Posted January 29, 2014 Report Share Posted January 29, 2014 Are you referring to corporate tax returns or individuals? I've been doing corporate tax returns for a while now always have to adjust for a dollar or two for rounding. I do that for both corporate and individual returns. The IRS actually taught us that way back in the day. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.