Hi I am a Canada resident/citizen. Last year a won...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Hi I am a Canada resident/citizen. Last year a won an award through an art organization in the US. They clawed back $750us. I would like to claim it back. How?

 
1 Reply
Highlighted
Moderator

Hi I am a Canada resident/citizen. Last year a won an award through an art organization in the US. They clawed back $750us. I would like to claim it back. How?

Foreign Tax Slip - Source code USA - exchange rate % when the award money was received -  you will need to report the award money and then claim tax paid on it. You can't claim tax without reporting the income earned. Once you report you foreign award $ under "Foreign slips" - "other foreign income" then apply the $750 as "Foreign tax paid".

v