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Returning Member
posted Mar 16, 2025 5:43:14 PM

Do you enter the US Social Security in USD or CAD? Does that affect whether you enter a different exchange rate?

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1 Replies
Moderator
Mar 17, 2025 9:10:17 AM

TurboTax doesn't do any currency conversion. You have to convert any amounts into Canadian dollars yourself, but this allows you to choose a rate that is more favorable to you. You can get the exchange rate from this Bank of Canada webpage: Exchange Rates.

Common USA Tax Forms Explained & How to Enter Them on Your Canadian Tax Return

 

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