2 ms·
I've wasted so much time with turbotax this year I'm thinking next year to either use some other tool and do everything manually or hire a CPA. Here's one thin
by radicality 6y ago
I've wasted so much time with turbotax this year I'm thinking next year to either use some other tool and do everything manually or hire a CPA.
Here's one thing I had a problem with this year - Turbotax incorrectly computed gains/losses for all my accounts because it started rounding cost basis and proceeds of _every separate transaction_ to the nearest dollar, accumulating the dollar. I can't fathom why the software even bothers with any intermediate rounding. Big thread [here](https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/turbotax-early-rounding-issues-creating-large-variances-between-turbotax-produced-return-and/00/1948037/highlight/false https://ttlc.intuit.com/community/investments-and-rental-pro...).
- junar 6y agoFor the record, other tax software does this type of rounding too. Unless you have really small lots, it shouldn't make a big difference, and I wouldn't worry about it. If you do have small lots, you can consider doing the summary method using Exception 1 (if eligible) or Exception 2 otherwise. https://www.irs.gov/instructions/i8949#idm140393400814208 https://www.irs.gov/instructions/i8949#idm140393400814208 Note that Exception 2 requires an attached statement (generally, your copy of the 1099-B). From what I've heard, some tax software supports PDF attachments, but others, like TurboTax, make you print and mail.