Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
quentinmd
New Member

Hi, What is the DEFAULT currency for "Foreign employment income" ? CAD ? Is that OK if I convert the foreign amount directly into CAD, and put it in there ? Thanks!

 
1 Reply

Hi, What is the DEFAULT currency for "Foreign employment income" ? CAD ? Is that OK if I convert the foreign amount directly into CAD, and put it in there ? Thanks!

Yes, All foreign income is to be reported in CDN$ at the exchange rate at the time of the transaction.