1065 & K-1
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1065 & K-1 You don't have to worry about rounding errors.
Ira Smilovitz
In a message dated 2/1/2012 1:33:01 P.M. Eastern Standard Time,
wrobe73928@cox.net writes:
My 1065 has a total $, and it is divided up to our members equally. But, when I add the K-1's up it is higher that the total on my 1065. I know why, but I'm curious if this should be addressed or leave as is? The k-1's all have .50 which is rounded up to the nearest $. That rounding up makes the sum of the K-1's higher than the 1065. |
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