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This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual
  • Subject: Foreign income

Form 5471 exchange rate

UltraTax CS divides the units of foreign currency by the number that equal 1 U.S. dollar to convert the amounts you enter to dollars.  UltraTax CS also shows this exchange rate on Form 5471, Schedules H and M.

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