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April 13, 2025
Question

Should I input the "Other Gross Income" amount in local currency or in USD?

  • April 13, 2025
  • 1 reply
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I am trying to input income amount as a part of Deduction & Credits in foreign country. Do I need to input the amount in the local currency or in USD?

    1 reply

    April 13, 2025

    Everything reported on your US Federal tax return should be reported in US dollars unless the entry specifically tells you to use the foreign currency amount.

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