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N
Norman chiu
April 12, 2024
Question

Does TurboTax automatically convert US dollar T5 slips?

  • April 12, 2024
  • 1 reply
  • 0 views

Does one has to convert B24, B25, B26   to Canadian currency

    1 reply

    G
    GHarpe
    April 12, 2024

    Yes. If amounts on your T5 tax slip are shown in a foreign currency, you’ll need to convert those amounts to Canadian dollars (CAD) before including them on your tax return.

     

    If you need to find an exchange rate, you can find one on the Bank of Canada website, found here: Exchange rates

     

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