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New Member
posted Oct 30, 2019 1:36:49 PM

I have a foreign rental property and rpt it on CA taxes. Should I manually convert income and expenses before entering it on tax forms?

Does TurboTax automatically convert this for me?

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1 Replies
Level 13
Oct 30, 2019 1:36:50 PM

To report most foreign income, it is converted to CDN$.

Here is a link that will assist you with this, if needed:

How do I report foreign income, pension, and other foreign amounts?https://turbotax.community.intuit.ca/replies/2647976