Filing

Can you provide us with a little more information in regards to this, please?

 

We are not aware of any special rules in which you are required to pay tax on 100% of a capital gain, regardless if it is foreign property or not. If this is a unique situation due to the nature of the company transaction, can you please let us know how you have been advised to report this?

 

We can then advise you on how to report it in TurboTax to reflect that ruling, as well as ensure you are getting a Foreign Tax Credit on any tax withheld in the US.

 

You can contact us directly via social media,

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TurboTax Canada Twitter 

or provide some more information here.