Here is how to enter your foreign income:
- Select Find* or the magnifying glass icon from the top menu.
- Once the Find window opens, type Foreign slips, then hit enter.
- Select Foreign slips from the options that appear, then select Go.
- When the Foreign Slips Summary step appears, add the amount for the slip you would like to claim.
- Repeat the steps above for each new slip and amount you need to enter.
- Select Continue at the bottom of the page when done.
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- You must submit income, pension, and any other amounts in TurboTax, even if your amounts aren’t reported on T-slips.
- If the amounts on your foreign income slip are reported in a foreign currency, convert them to Canadian dollars before you enter them. If the amount was paid at various times throughout the year, use an average annual exchange rate.
- For foreign non-business income that is not on a T-slip (including US social security), do not convert the amounts to Canadian dollars before you enter them. TurboTax converts the amounts automatically based on the exchange rate you enter.