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February 23, 2025
Question

Tax form from Canada is in CAD, but paid in USD directly to US. Should I use amounts deposited to account (no taxes withheld) each month to come up with USD?

  • February 23, 2025
  • 1 reply
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Tax form from Canada is different from amount in my account

    1 reply

    February 23, 2025

    Yes, you can use the amounts that were deposited into your account as the converted amount. You should also keep records of the deposits in case the IRS requests more information.