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New Member
posted Jun 3, 2020 5:28:43 PM

The turbo tax doesnt seem to have placed my american dollar income into a canadian dollar amount

0 1 1001
1 Replies
Employee Tax Expert
Jun 4, 2020 6:12:24 AM

U.S. dollar exchange rates can be obtained from the Bank of Canada at: 

Daily Exchange Rates Lookup

Apply the exchange rate applicable to the date you received the income. If you received the income in a stream of payments over the course of the year you can calculate and use an average rate.