I would greatly appreciate some help to select which product of turbotax is suited for my situation.
We are a family of two adults and two dependent children (aged 7 and 9). Only one of the adults has a job in the US.
We relocated to the US from India in 2023 March.
We had income in India in 2023:
- salary from Jan and Feb, before arriving in the US, - about $10000
- rental income from real estate – about $4000
- capital gains from stocks and mutual funds – about $30000
We have assets in the form of
- stocks, bank accounts, retirement plans and insurances - about $200000
We have paid the tax in India for all our income.
We filed for an extension of our 2023 US tax filing since we wanted to file it after completing the Indian 2023-24 financial year tax filing.
Now we are ready to file our US returns. My first question is – which turbotax product is most suitable for me?
Thank you in advance!