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New Member
posted Jun 13, 2021 6:46:37 PM

Where does foreign income go on Schedule 7?

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1 Replies
Level 5
Nov 8, 2021 12:20:11 PM

Schedule 7 is called RRSP Unused Contributions, Transfers, and HBP or LLP Activities not for Foreign Income.  You can enter your Foreign Income using TurboTax software by following these steps:

 

Once you've logged into your TurboTax account, go to Income => Tslips => T5- Investment Income => Fill in the box 15 with your foreign income. Before pressing "Done With T5", remember to specify the Source Country of Foreign Income. 

 

Also,  go to Income => Tslips => Scroll down to Foreign Income Tab => Press Enter new Foreign Income => 

Fill in the required box with your foreign incomeNote that before pressing "Done With Foreign Income", remember to specify the Source Country of Foreign Income. 

 

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