How do I report foreign income, pension, and other foreign amounts? (2024)

Entering any foreign amounts into TurboTax varies depending on the version of software you're using. Before you begin, there are a couple of general things to keep in mind:

  • You must enter income, pension, and any other amounts into TurboTax, even if your amounts aren’t reported on T-slips.
  • If the amounts on your foreign income slip are reported in a foreign currency,convert them to Canadian dollarsbefore entering them. If the amount was paid at various times throughout the year, use an average annual exchange rate.
  • Forforeign nonbusiness income that isn't on a T-slip (including US Social Insurance),do not convertthe amountsto Canadian dollars before entering them. TurboTax converts the amounts automatically based on the exchange rate you enter.


To start entering your slip amounts, select your version of TurboTax below, then follow the steps provided.

Instructions for TurboTax Online users

  1. SelectFind(or the magnifying glass icon) from the TurboTax menu.
  2. In theFindwindow, typeforeign.
  3. SelectForeign incomefrom the options that appear, then selectGo.
  4. At Foreign Income Summary, select Enter New Foreign Income.
  5. At Foreign slip, complete the foreign income slip and select Done With Foreign Income.
  6. Repeat steps 4 and 5 for each new slip and amount you need to enter.
  7. SelectContinue.

Instructions for TurboTax CD/download users

  1. SelectFind(or the magnifying glass icon) from the TurboTax menu.
  2. In theFindwindow, typet-slipsand selectGo.
  3. SelectT-slipsfrom the options that appear, then selectGo.
  4. At Entering your federal T-slips, select Foreign Slip.
  5. SelectContinue until you arrive at Foreign Slip.
  6. Complete the foreign slip and if it's the only one or the last one, go to Step #8.
  7. Select Enter Foreign Income, go to Step #6.
  8. SelectDone With Foreign Income.
  9. At Foreign Income - Summary, enter any portion of foreign income exempt under a tax treaty.
  10. SelectDone With Foreign Income.
How do I report foreign income, pension, and other foreign amounts? (2024)
Top Articles
Latest Posts
Article information

Author: Terence Hammes MD

Last Updated:

Views: 6406

Rating: 4.9 / 5 (69 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Terence Hammes MD

Birthday: 1992-04-11

Address: Suite 408 9446 Mercy Mews, West Roxie, CT 04904

Phone: +50312511349175

Job: Product Consulting Liaison

Hobby: Jogging, Motor sports, Nordic skating, Jigsaw puzzles, Bird watching, Nordic skating, Sculpting

Introduction: My name is Terence Hammes MD, I am a inexpensive, energetic, jolly, faithful, cheerful, proud, rich person who loves writing and wants to share my knowledge and understanding with you.