Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 10:29:10 AM

Regarding the sales of my US stocks, what conversion rate do I use.?

0 1 800
1 Best answer
Level 2
Oct 30, 2019 10:29:12 AM

You can use the specific exchange rates in effect on the dates of your actual purchases and sales or choose to use the average US $ exchange rate for 2017 that, as determined by the Bank of Canada, was US$ 1 = CDN $1.2986.

1 Replies
Level 2
Oct 30, 2019 10:29:12 AM

You can use the specific exchange rates in effect on the dates of your actual purchases and sales or choose to use the average US $ exchange rate for 2017 that, as determined by the Bank of Canada, was US$ 1 = CDN $1.2986.