Northwestern wants me to convert my parents’ 2018 tax returns into US dollars, but over here you can’t get official documents in any currency but Pakistani Rupees (PKR). Should I just write conversions with a pen/pencil next to the amounts shown?
I really don’t know what to do here. Also, if I DID write conversions on the tax returns, there still wouldn’t be enough space to convert the amounts of all three columns.
Super lost here, any advice would be appreciated.
Did you ask the school what currency conversion rate to use and how to do this?
The current currency conversion as long as I write it on the tax return.
Duke JUST suggested writing the converted amounts next to the present monetary amounts but there’s no damn space. They also suggested using a “separate spreadsheet” - do you know how the second suggestion would work?
For rates, you can look up the average rate for the year in question, or just use the conversion rate at the exchange of the day.
Attaching a separate spreadsheet might be the easiest. Just make one in Excel, with PKR in one column, and converted USD in the next. You wouldn’t have to do the math yourself, you could set the conversion formula into Excel, and let the spreadsheet do the work for you.
Maybe photocopy each page, reducing it to 90% (or just scale to 90% printing if it’s electronic), aligning to the top left, which will leave a blank margin on the right for converted numbers and the bottom for notes. Adjust percentage as needed.