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New Member
posted Oct 26, 2024 10:31:21 PM

What's the detailed calculation used in TurboTax to derive "Foreign tax deduction under subsection 20(11)" which is listed under Other Deductions- line 23200?

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Moderator
Oct 28, 2024 8:15:10 AM

It's your total foreign tax paid, less 15% of the total of all your foreign income. Amounts from T3 slips are not included in the calculation.