How do I enter a T5 with foreign income from multiple countries?

BTAK02 · ‎April 12, 2022

I have a single T5 from my broker that includes foreign income from multiple countries. Turbotax only allows me to select one country per T5. Do I need to create separate T5s for each country to enter the foreign income properly? If so do I enter all of the other boxes on one T5, with say the income from the US (the largest source of foreign income), and then leave those boxes empty on the other T5 entries where I fill in just the foreign income (box 15)?

lamanhcb · ‎April 13, 2022

Yes, you have to file those separately

If you have income from more than one country, you need to submit a separate foreign income tax credit form for each country. If you have business income and non-business income from foreign countries, you need to submit them using separate forms.

For more information, please see our TurboTax article link as Canada’s Foreign Income Tax Credit

Thank you for using TurboTax

BTAK02 · ‎April 14, 2022

ok, thanks!

ldarcywilson

And how to I get around the error message on the T5 entry form which requires the foreign country be identified but only allows one country to identified? This is in TT2024. The same requirment was not in TT2023

TurboTaxSusan

@ldarcywilson Are you using TurboTax Desktop or TurboTax Online?

How do I enter a T5 with foreign income from multiple countries?

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