Canada rental property where to report to get tax credit for tax paid on Canadian rental property?

Forum|Forum|5 years ago
March 22, 2021
4 replies
35 views

I paid Canadian tax for my Canadian rental property. Where do i go to claim credit for my tax paid in Canada so I won't be double paying tax in Canada and US. Turbo tax keep asking about 1099!?! which I have done and cannot move forward!?!

DaveF1006

Alumni - Intuit

It depends. First enter your Canadian Income by:

In TurboTax, go to federal>wages and income>Rentals, Royalties, and Farm>show more
Rental Properties and Royalties (Sch E)>start or revisit
Completely enter your rental information regarding your Canadian rental. Don't worry about entering a 1099 if you don't have anything to enter. You can enter your information here without it.
Now go to federal>deductions and credits>estimates and other taxes paid>foreign tax credit>start
Start entering the information here. if you get stuck on a question, don't hesitate to write back.

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