Where can I claim a forex gain on turb tax?

[seanross19]

I have personal stock account in strictly USD I converted Canadian dollars to USD and then had one transaction where I converted USD back to CAD and there was about a $400 gain on it. How owould I report this on turbo tax?

[TurboTaxSusan]

You can report this as capital gains.

To do this in TurboTax Online:

1. Select Find from the TurboTax menu
2. In the Find window, enter capital gains
3. Select Capital Gains and Capital Gains Deduction Profile from the results, then select Go