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February 24, 2025
Question

On your 10-40 return. Why does it not show the change in the other side of the decimal?

  • February 24, 2025
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    1 reply

    February 24, 2025

    The Form 1040 does not show "cents" --- it uses whole dollar amounts.  Amounts shown have been rounded up or down to whole dollars.   If the "cents" is less than .50 it rounds down; .50 or more rounds up.

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