Josiegirl 03:47 AM 03-21-2018
After seeing another post with dollars/cents, is it okay to round up or down to the nearest dollar amount? It's what I've been doing for years.
DaveA 04:28 AM 03-21-2018
Originally Posted by Josiegirl:
After seeing another post with dollars/cents, is it okay to round up or down to the nearest dollar amount? It's what I've been doing for years.
I've always rounded up or down. We have an accountant do our taxes and he's said it was fine.
I doubt that would work for a nickel and dime store though.
TomCopeland 09:32 AM 03-21-2018
Originally Posted by Josiegirl:
After seeing another post with dollars/cents, is it okay to round up or down to the nearest dollar amount? It's what I've been doing for years.
Yes, you can do this. The IRS recommends it. I do it.