2017 CALCULATING TAXES ON FOREIGN STOCK MARKET INVESTING

Unknown
Unknown Member
edited October 2018 in Investing (Windows)
Needs to track cost-base in Home Currency, when purchases are made in foreign currency using manually entered or downloaded historical exchange rates. (USD/CDN). Does either the Canadian and/or American version support this. Also to track Interest/Dividend income for tax purposes in Home (CDN) currency.

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  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    edited October 2018
    Any one account in Q can only use a single currency.  So, if I'm correctly understanding your request, there's no way to track the basis of a security in USD while tracking everything else about the security in CAD.  You'd need 2 separate accounts.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
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