http://www.irs.gov/businesses/small/art ... 24,00.html
is where u'll find exchange rates.
I used the dept of agriculture's yealy average which gives u 1.67 or so. This gives u better reporting exchange and the people I asked at IRS said it was fine or in their words "it's not an exact science'
Canadian family in US - first time tax filing
Moderator: Mark T Serbinski CA CPA