Dual US/Canada Resident Taxes - Where can I report my Canadian T3 Trust Income Capital Gain (Box 21) on my US Tax Return?

[JayMan123]

Dual US/Canada Resident Taxes - Where can I report my Canadian T3 Trust Income Capital Gain (Box 21) on my US Tax Return?

I can see a spot for Interest from bank accounts, but I can't find a spot for Trust Income Capital Gain that is found on the Canadian T3.

[KarenJ2 · Accepted solution]

You can report it as miscellaneous income along with a description.

1. Open your return in TurboTax 

2. Click on Wages & Income 

3. Scroll down to All Income 

4. Scroll down to Less Common Income 

5. Scroll down to Miscellaneous Income, 1099-A, 1099-C 

6. Click start 

7. Scroll down to Other reportable income 

8. Answer yes 

9. Enter capital gain description and amount