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April 19, 2022
Question

Is US stimulus money taxable in canada?

  • April 19, 2022
  • 1 reply
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is USA stimulus money taxable in canada?

    1 reply

    April 20, 2022
    No, US stimulus money is not taxable in Canada because this money is directly sent by Government.
    To enter this amount in TurboTax online, you should follow the steps given below: -
    • Click on "Find" (Magnifying Glass) in your tax file
    • Type "foreign", and select "GO"
    • Select "Enter new foreign income for your name"
    • On the next page, you can enter your US income
    • Click on "Done with the foreign income"
    • Check details on the summary page

    For more information on the foreign income visit this page of the TurboTax: - Foreign Income and Tax Treaties

     
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