topic Re: My accountant reported &quot;unrealized currency gains&quot; on my business's year-end reports for tax ... in Getting started https://turbotax.community.intuit.ca/community/getting-started/discussion/re-my-accountant-reported-unrealized-currency-gains-on-my-business-s-year-end-reports-for-tax/01/3683694#M44095 <P>Are you preparing a T1 Self-Employed return or a T2 return for an incorporated business?</P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/34979c3b-785e-4671-aeff-d6ff16a3df39.default/SM%20SAY%20THANKS%203.png" /></P> Wed, 14 May 2025 14:13:13 GMT TurboTax_Susan 2025-05-14T14:13:13Z My accountant reported "unrealized currency gains" on my business's year-end reports for tax purposes. Do I claim these as an expense? How? https://turbotax.community.intuit.ca/community/getting-started/discussion/my-accountant-reported-unrealized-currency-gains-on-my-business-s-year-end-reports-for-tax-purposes/01/3683666#M44093 Wed, 14 May 2025 12:34:58 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/my-accountant-reported-unrealized-currency-gains-on-my-business-s-year-end-reports-for-tax-purposes/01/3683666#M44093 danica-boyce 2025-05-14T12:34:58Z Re: My accountant reported "unrealized currency gains" on my business's year-end reports for tax ... https://turbotax.community.intuit.ca/community/getting-started/discussion/re-my-accountant-reported-unrealized-currency-gains-on-my-business-s-year-end-reports-for-tax/01/3683694#M44095 <P>Are you preparing a T1 Self-Employed return or a T2 return for an incorporated business?</P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/34979c3b-785e-4671-aeff-d6ff16a3df39.default/SM%20SAY%20THANKS%203.png" /></P> Wed, 14 May 2025 14:13:13 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/re-my-accountant-reported-unrealized-currency-gains-on-my-business-s-year-end-reports-for-tax/01/3683694#M44095 TurboTax_Susan 2025-05-14T14:13:13Z