@akhilsuri194 , while I agree with my colleague @DaveF1006 for his answers and suggestions, one sentence in your post caught my eye -- it is tax matter and not TurboTax product and its behavior.
You said -- " I'll get the TDS back(if deducted ) ........".
There is a nuance missing here.
(a) Per Indian Tax laws ( to the extent I have studied and remember ), and under US-India tax treaty, TDS ( Tax Deducted at Source ) should have been collected & transferred to IT by your broker. I am assuming that this has been done. The adjustment and/or any refund issued by IT is a secondary but important issue. This will be settled when you file your Indian ITR for the Tax Year 2024/2025.. I do not know what happens if you do not file -- ( I know from personal experience that UK accepts the TDS as final unless you file a return for adjustment of withholding ).
)b) Under the US-India tax treaty --( Double Taxation Prevention clause and sometimes confusing application of the savings clause, US ( federal ONLY ) will give you credit for the finalized taxes paid to another contracting country, But the actual allowable Foreign Tax Credit for the tax year is the lesser of that imposed by the US ( form 1116 computation ) and the actual amount foreign taxes paid.
Thus the point that you are not going to get back the dollar for dollar taxes ( TDS ) paid to India.
Is there anything more one of us can do for you ?
