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Lacerte 2021
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dmufeed
Level 2
02-01-2022
10:28 AM
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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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George4Tacks
Level 15
02-01-2022
10:48 AM
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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.
Answers are easy. Questions are hard!
Accountant-Man
Level 13
02-01-2022
01:05 PM
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I saw your questions(twice) and I was confused. It rounds to the dollar, not the tenth of dollar.
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