I am filling out the 'Statement of Investment Income' section and have a question regarding the 'Income from foreign sources in 2023.' I arrived in Canada and became a resident in August 2023. Throughout the year 2023, I earned bank interest income from my home country. However, I can't find any sections where I can input (1) the portion of foreign investment (interest) income earned when I was or was not a resident, and (2) the exchange rate to convert the currency. Could you please advise me on how I should enter my foreign interest income?
For TurboTax Desktop, please follow the steps below:
Hi Jessica,
Thank you for showing me step by step. However, I can't find "Foreign Income under Interest and other Investment Income page" after selecting "Interest and Investment Income" and clicking "Continue".
Here is the layout I have in my version:
Should I input my foreign investment (interest) income earned after I became a resident of Canada in the section highlighted in RED?
Thank you!
709eric
Returning Member
ontariotaxpayer
New Member
edwardjzheng
New Member
wesjp
Returning Member
sharont
Level 1
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