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Maisie2
Returning Member

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

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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