Skip to main content
Level 2
February 7, 2022
Solved

Does TurboTax Live Service support foreign investment income?

  • February 7, 2022
  • 3 replies
  • 20 views

There doesn't seem to be a phone # or email for sales questions so asking here.

 

I am looking at using the Premier (which says includes investments) Live or Full Service.

Does this level include foreign investment income? From self directed stock trading accounts opened in another country (specifically Canada).

 

Can a TurboTax rep confirm if this is supported?

 

Thanks.

Best answer by DaveF1006

Yes. Your return will be prepared by a team of qualified experts that are capable in handling foreign investment income forms that will certify their work.

3 replies

Level 15
February 7, 2022

TurboTax live would be able to assist you in reporting foreign earned income on your US tax return form 1040. However, there is not a team that works on any particular tax issue. When you contact a TurboTax agent, he or she will then research your issue using their expertise and the expertise of others at TurboTax to resolve your issue.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
Level 2
February 7, 2022

I see, if I go with Full Service, would the assigned tax expert be qualified to complete foreign investment income forms?

DaveF1006
DaveF1006Answer
Level 15
February 7, 2022

Yes. Your return will be prepared by a team of qualified experts that are capable in handling foreign investment income forms that will certify their work.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"