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raymondng
New Member

Should I input foreign income amounts in CAD, or in relevant foreign currency? Note, TurboTax requests me to input "exchange rate" on the same page.

 
1 Reply
HebaE
Returning Member

Should I input foreign income amounts in CAD, or in relevant foreign currency? Note, TurboTax requests me to input "exchange rate" on the same page.

Hi

 

No. You put the foreign income in the currency of the foreign country. Then you enter the exchange rate. TurboTax will convert the amount. Please see the following example:

The $25,000 in USA dollars

 

foreign income slip.png

 

 

 

 

 

 

 

 

 

 

 

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