When completing the foreign income work sheet do I enter in Canadian funds?
If the amounts on your foreign income slip are reported in a foreign currency, convert them to Canadian dollars before entering them. If the amount was paid at various times throughout the year, use an average annual exchange rate.
For foreign nonbusiness income that isn't on a T-slip (including US Social Insurance), do notconvert the amounts to Canadian dollars before entering them.TurboTax converts the amounts automatically based on the exchange rate you enter.
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.
Sign In
Canada (English)
EN
