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C
chris_e_atkins
March 26, 2023
Question

When filling in foreign income on "Foreign Slip', should the currency be in Canadian dollars or in the local currency of the income source?

  • March 26, 2023
  • 1 reply
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    1 reply

    C
    champ_a_adc
    March 26, 2023

    If the amounts on your foreign income slip are reported in a foreign currency, convert them to Canadian dollars before entering them. If the amount was paid at various times throughout the year, use an average annual exchange rate.

     

    Please see our TurboTax FAQ for detailed guidance: How do I report foreign income, pension, and other foreign amounts?

     

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