Skip to main content
Level 1
Apr 12, 2025 7:26 PM UTC
Question

Do I convert all USD to CAD when filling out corms

No text available

    1 reply

    Apr 14, 2025 9:10 PM UTC

    As per CRA, foreign income and foreign taxes must be converted to Canadian dollars. Use the Bank of Canada exchange rate in effect on the day these amounts arise.

     

    Thank you for choosing TurboTax.