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Can I claim the foreign exchange fee?
When I converted my foreign currency to Canadian, I had a reportable capital gain (i.e. over $200). Is the fee that I had to pay to make the conversion deductable? Thanks in advance.
posted
December 8, 2022
7:29 AM
last updated
December 08, 2022
7:31 AM
1 Best answer
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Can I claim the foreign exchange fee?
As you are claiming a capital gains, then you can claim expenses on it.
Thank you for choosing TurboTax.
December 8, 2022
12:14 PM
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Can I claim the foreign exchange fee?
As you are claiming a capital gains, then you can claim expenses on it.
Thank you for choosing TurboTax.
December 8, 2022
12:14 PM
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Can I claim the foreign exchange fee?
Thank you for the quick response.
December 8, 2022
1:15 PM