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October 27, 2024
Question

What's the detailed calculation used in TurboTax to derive "Foreign tax deduction under subsection 20(11)" which is listed under Other Deductions- line 23200?

  • October 27, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    October 28, 2024

    It's your total foreign tax paid, less 15% of the total of all your foreign income. Amounts from T3 slips are not included in the calculation.