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New Member
posted Aug 9, 2021 12:05:34 PM

With foreign income coming from a W2, do I include the average US exchange rate for 2020? (1.3415)

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Level 3
Aug 10, 2021 1:51:36 PM

Yes, you convert the foreign currency to US dollars.   The IRS has a chart that can be useful.  Read this IRS foreign currency page for more information.