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New Member
posted Mar 14, 2023 10:42:38 PM

Where do i enter foreign pension received?

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1 Replies
Level 4
Mar 15, 2023 5:45:29 AM

For TurboTax online, please follow these instructions:

  1. Select Find (or the magnifying glass icon) from the TurboTax menu
  2. In the Find window, type Foreign income and select Go
  3. Select Foreign income from the options that appear, then select Go
  4. When the Foreign Income Summary step appears, add the amount for the slip you'd like to claim
  5. Repeat the steps above for each new slip and the amount you need to enter
  6. Select Continue

Please make sure to report your amount in Canadian dollars and your gross foreign pension income received in the year. Use the Bank of Canada exchange rate in effect on the day that you received the pension. If you received the pension at different times during the year, use the average annual rate. The average monthly rate and the daily rate are available by visiting the Bank of Canada.

For more information on reporting foreign pension income and how to report in both TurboTax Online and CD/Download versions, Please see our TurboTax article and Canada Revenue Agency(CRA) webpage. 

How do I report foreign income, pension, and other foreign amounts?

Pensions from a foreign country

 

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