This is an account that is held in USD. It is possible to report the T5008 in USD, see
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/comple[product key removed]ri...
In fact, that's what my broker did. When I login to the CRA website and look T5008 forms Questrade submitted to the CRA, I can see boxes 20 and 21 are values in USD, and box 13 indicates "USD". From CRA side, this seems OK.
However, when I use the TurboTax "Import from CRA" feature, box 13 is missing entirely. I can not tell if
A) Did TurboTax import box 13 (i.e. "USD") and it just doesn't show it to me, but it will submit it correctly at the end; or
B) Did TurboTax not import box 13 at all and the values shown in 20 and 21 are now wrong (since they are in USD).
Also, in another thread, I was advised to never modify a T5008 in TurboTax after I imported it from the CRA. Since, if I manually convert the numbers, the T5008 that the CRA has on file from the broker won't match the T5008 that submit through TurboTax.
Can you clarify
1) How can I tell if TurboTax (I use online premier) imported box 13 (USD), or not? I can not see it on the UI.
2) Is it OK to manually convert numbers from USD to CAD in a T5008 in TurboTax after it was imported from the CRA website? How does the CRA reconcile the differences in the forms they have from the broker and the ones I submit through TurboTax?
