- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Filing Canadian return to incorporate sale of US real property
Will be filing the US 1040NR. Can TurboTax be used to also file with CRA to include the details and differing exchange rates and dates of costs, improvements, sale etc ?? If so, is there a specific TurboTax version?? Can the premier handle this??
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Troubleshooting
For questions related to incorporated business, please post your question in the Intuit Canada ProFile Tax Community:
Thank you
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Troubleshooting
Sorry. By incorporate I mean include, and was not meant to infer any relation to a corporation or company.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Troubleshooting
Yes, you can use TurboTax Premier to report the sale of your US property. But please be aware that TurboTax doesn’t convert currency amounts, so you will need to get the exchange rates from the Bank Of Canada website.
Starting a return with TurboTax Online is free, so if you end up not filing your return with the software, you are under no obligation to pay.