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Level 1
April 15, 2026
Question

Can we deduct taxes already paid to Canada from 4 Canadian pensions? If we can, where do we record the Canadian taxes paid?

  • April 15, 2026
  • 1 reply
  • 41 views
Please help. This years form does not have a place to record this for each pension. Thank you!

1 reply

Level 15
April 16, 2026

You may be able to deduct the foreign taxes or take a credit against your tax for them. 

 

To apply for a credit for foreign taxes paid or accrued during the year:

 

1. From the Federal section of TurboTax, go to the Deductions and Credits section

2. Find Estimates and Other Taxes Paid

3. Choose Foreign Taxes

4. Indicate that you paid foreign taxes or have credits from prior years

5. Work through the section until you see an option to take a deduction or credit, the credit is usually better

6. Complete the rest of the section

 


 

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