I have paid foreign tax in Box 16 (Tax withholding from my US dividends) in my T5 (Statement of Investment Income). How is this foreign tax calculated into my Canadian tax return as I do not see any link?
T5 - box 16 calculations - This amount is transferred to Form FTC and is used to calculate your foreign tax credit.
derf-32
New Member
ggjones1002
New Member
tarablonde67
New Member
Madd3
Returning Member
RachelleS
Returning Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.