topic Which box should I report currency type on T5008 form ? in Getting started https://turbotax.community.intuit.ca/community/getting-started/discussion/which-box-should-i-report-currency-type-on-t5008-form/01/1741847#M21454 Tue, 10 Nov 2020 06:59:11 GMT jhsell1 2020-11-10T06:59:11Z Which box should I report currency type on T5008 form ? https://turbotax.community.intuit.ca/community/getting-started/discussion/which-box-should-i-report-currency-type-on-t5008-form/01/1741847#M21454 Tue, 10 Nov 2020 06:59:11 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/which-box-should-i-report-currency-type-on-t5008-form/01/1741847#M21454 jhsell1 2020-11-10T06:59:11Z Re: Which box should I report currency type on T5008 form ? https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1741903#M21455 <P>Box 13 is the type of currency -&nbsp;&nbsp;If the amounts on your T5008 slip are in a foreign currency,&nbsp;<EM>convert them to Canadian dollars&nbsp;before you enter them</EM>. (Visit the&nbsp;<A href="https://www.bankofcanada.ca/rates/exchange/daily-exchange-rates-lookup/" target="_blank">Bank of Canada’s website</A>&nbsp;for daily exchange&nbsp;rates and the average annual exchange&nbsp;rate).</P> Tue, 10 Nov 2020 15:00:27 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1741903#M21455 TurboTaxBrenda1 2020-11-10T15:00:27Z Re: Which box should I report currency type on T5008 form ? https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1900517#M22032 <P>This has come up several times in the past.&nbsp;</P><P>When is Turbotax planning to add Box 13 for T5008 so USD transactions are converted at the CRA US$ rate, so every transaction does not need to be recalculated prior to entering into Turbotax?</P> Wed, 10 Feb 2021 15:18:22 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1900517#M22032 stellair 2021-02-10T15:18:22Z Re: Which box should I report currency type on T5008 form ? https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1901678#M22044 <P>Unfortunately, for&nbsp;"do-it-yourself" software such as TurboTax, you have to do the currency conversion yourself based on when yourself&nbsp;the securities.&nbsp;</P> Wed, 10 Feb 2021 18:54:43 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1901678#M22044 TurboTaxHeba 2021-02-10T18:54:43Z
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topic Which box should I report currency type on T5008 form ? in Getting started
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Which box should I report currency type on T5008 form ?
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Re: Which box should I report currency type on T5008 form ?
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<P>Box 13 is the type of currency -&nbsp;&nbsp;If the amounts on your T5008 slip are in a foreign currency,&nbsp;<EM>convert them to Canadian dollars&nbsp;before you enter them</EM>. (Visit the&nbsp;<A href="https://www.bankofcanada.ca/rates/exchange/daily-exchange-rates-lookup/" target="_blank">Bank of Canada’s website</A>&nbsp;for daily exchange&nbsp;rates and the average annual exchange&nbsp;rate).</P>
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Re: Which box should I report currency type on T5008 form ?
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https://turbotax.community.intuit.ca/community/getting-started/discussion/re-which-box-should-i-report-currency-type-on-t5008-form/01/1900517#M22032
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<P>This has come up several times in the past.&nbsp;</P><P>When is Turbotax planning to add Box 13 for T5008 so USD transactions are converted at the CRA US$ rate, so every transaction does not need to be recalculated prior to entering into Turbotax?</P>
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Re: Which box should I report currency type on T5008 form ?
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<P>Unfortunately, for&nbsp;"do-it-yourself" software such as TurboTax, you have to do the currency conversion yourself based on when yourself&nbsp;the securities.&nbsp;</P>
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