When I look at my 2020 return transcript at irs.gov I see quasi-repeated lines. For example: CAPITAL GAIN OR LOSS: (Schedule D): CAPITAL GAIN OR LOSS: SCH D PER COMPUTER:
or
TOTAL INCOME: TOTAL INCOME PER COMPUTER
what do those "per computer" lines mean?
(FWIW, this is an e-filed return.)
"Per computer" is the amount calculated by the IRS computers from the third-party documents the IRS received. It often is slightly less than the amount shown on the tax return because the IRS computers tend to truncate pennies and not round them.
Ira Smilovitz, EA Leonia, NJ
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