Related to taxes, but not QuickTax. There's a little bit of rounding incorporated into the tax forms that they don't necessarily tell you about. I found this when doing my return last night (on paper, I might add).
On Federal Schedule 1, the "base amount" of tax for net income above $37,178 should be equal to 15% of the aforementioned number, or $5,576.70. On Schedule 1, though, the amount pre-filled-in for you is $5577.00, or $0.30 extra. If you're up in the next bracket, the error is actually the other way...they let you save $0.08 on the base amount. Finally, if you're working with the column for the highest bracket, they rip you off by $0.12.
While I can live without the 30 cents, how can this kind of thing be justified when it would be extremely easy to simply fill in the correct amount for the base amount, rather than rounding to the nearest dollar?
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