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Lacerte 2021

dmufeed
Level 2

How to not make lacerte round entries to the nearest 10th. Whenever i input w2 for example 15361.78 it makes it 15362

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2 Comments 2
George4Tacks
Level 15

Lacerte does what IRS does. $0.50 or less rounds down. More than that rounds up. 

Even TurboTax does it, so it must be right! https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-put-income-wit...

Look at the tax tables. What are the increments there? How often do those expensive to make pennies ever impact the bottom line on a tax return. 

SHORT ANSWER - You can't make the program do what you want. 


Here's wishing you many Happy Returns
Accountant-Man
Level 13

I saw your questions(twice) and I was confused. It rounds to the dollar, not the tenth of dollar.

** I'm still a champion... of the world! Even without The Lounge.