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New Member
posted Apr 13, 2025 6:47:42 AM

Should I input the "Other Gross Income" amount in local currency or in USD?

I am trying to input income amount as a part of Deduction & Credits in foreign country. Do I need to input the amount in the local currency or in USD?

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1 Replies
Expert Alumni
Apr 13, 2025 7:43:29 AM

Everything reported on your US Federal tax return should be reported in US dollars unless the entry specifically tells you to use the foreign currency amount.