pk
Level 15
Level 15

Get your taxes done using TurboTax

@Blank_Slate , having gone through your original post and the interactions with my colleagues  @rjs  and @Anonymous_ ) which I generally agree with,  what I get of your situation :

(a) you arrived in  US with H1-B work visa  in 2022.

(b) your family arrived with H-4  in March of 2023.

(c) You have bank accounts, pension accounts, savings etc. in India and  have paid taxes to India  for the Tax year 2023/2024 per Indian tax rules  and tax calendar.

 

Question you have asked related to TubroTax product that is suitable for  preparation and filing for your specific situation.  While I am not familiar with the on-line offerings and screens thereof, my personal  pref. is  Windows  down-load/CD version of  Home & Business.  I like this  because it is the most complete and because it keeps everything on my machine ( in case of  amendment or other needs ).  So I would highly recommend this product, even though this is quite expensive ( but a lot lower than what it would cost to employ a tax professional ) compared to on-line product.

 

Coming to your situation -- 1. how did you file the 2022 return ( assuming that you had US sourced income during  that period ) ?    2. When you talk about income  in India for Jan & Feb of 2023 in India -- is it for you  ( how? ) or your wife ?.  (3) When did you purchase/acquire your rental property ,  when did  put it in service as rental ,  did you recognize it as rental income  for your US return for 2022 ?  (4) your pension account -- is it available to you  or is it like a  trust that you can get distribution from when you reach superannuation or what ?  How did you get the face value that you quoted ?  The more info that you can provide the better focused the answer will be.   So please consider providing details.

 

Note that because of the US  tax year being Calendar year, you will have to allocate  your Indian  income(s), taxes etc. to Calendar year 2023  ( for the 2023 tax year ).

 

I will circle back once I hear from you .

 

Namaste ji

 

pk