Importing your data

I am running into a similar issue.  I recently used the “autofill my return” feature to download most of my tax slips.  I have a USD TD trading account and the T5 I received for this account was denominated in USD.  However there is currently no functionality in the software to convert these numbers to CAD.  Why wouldn’t Turbotax introduce a currency code field for all tax slips and a separate table for entering any relevant exchange rates for that year?  Asking users to make a manual conversion calculation is pretty ridiculous in this day and age.  Until that is done, Turbotax should flag this as a major issue to watch out for as part of the autofill instructions since it is a very easy mistake to make.  I’m a retired Chartered Accountant and I had to dig to find out what was going on.   

 

I also think that Canadian corporations should be required by law to issue all tax forms in Canadian dollars so that this issue would never arise but getting any action from the CRA is likely an exercise in futility.  I’m still trying to get them to automatically send me an email when they post a letter in my CRA account asking for instalment payments.