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Level 3
posted Feb 24, 2023 9:32:25 PM

Minor bug when splitting interest income

When I enter a T5 for a joint savings account, (50% split), and the interest amount ends in an odd number of cents, it is not split correctly between me and my wife. It's only one cent different, but still, it's not correct, e.g. the interest amount is $4.31, but TurboTax Premier (download) splits the amount $2.16 for me, and $2.16 for my wife! I would split it $2.16 for me, and $2.15 for my wife.

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1 Replies
Level 15
Mar 1, 2023 12:26:10 PM

If TurboTax is splitting the amount this way- it will not make a difference on your return. 

When you enter 50% the amounts need to be exactly the same and there is no other way then to put $2.16 each.

 

Thank you for choosing TurobTax.