Investors and rental owners

You can enter your Foreign Capital Gains/Losses in two ways in TurboTax.

  • Enter on the "Foreign Income" T-slip page. When you enter them here, you need to enter the currency conversion rate (US Average 2018 = 1.2957) and only need to enter the actual amount of any gains/losses you incurred in the "Foreign capital gains or losses" box.
  • Enter in the Capital Gains Profile. Do so by going to Income > Investments > Capital Gains & Capital Gains Deduction Profile. Then check off the box "Sold stocks, bonds, real estate, etc ", and continue to the Capital Gains page to make your entries. 
    • If you choose to enter this way, you'll need to enter all the details including your ACB (Cost) and Proceeds of Disposition (Sell). You'll also have to manually make the currency conversion.