Jac Tax Services
11/12/2025
The End of the Penny:
At 238 years old, as of November 12, 2025, the United States penny is officially no longer produced or released into circulation.
All cash transactions will now be rounded to the nearest 5 cents.
Here’s how rounding works:
$1.01 or $1.02 → rounds down to $1.00
$1.03 or $1.04 → rounds up to $1.05
$1.06 or $1.07 → rounds down to $1.05
$1.08 or $1.09 → rounds up to $1.10
💳 Note: This change does not affect electronic payments.
If you pay with a card, app, or online, the exact total (like $1.02 or $1.03) will still be charged. Rounding applies only to cash transactions.
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