Just about to submit my return but thought I'd verify with turbotax before I do.
I rolled over $20k into my roth ira in 2019.
$13,500 of this was my roth 401k contributions.
I withdrew 71,000 in 2024 from my roth ira. I contributed 61,000 directly in the roth ira.
(61,000+13,500)> 71,000 which means I don't have to pay any taxes on this correct?
My understanding is when you withdraw directly from roth 401k then it's a pro rota withdrawal.
But if you rollover to roth ira and then withdraw then it's penalty and tax free correct? Thank you for any help.
side note: Will I hear back from the irs at all further on this or provide anymore info to irs? I have my 1099r from 2019 showing my roth 401k contributions and also have all my contributions directly into my roth ira saved in my brokerage's website history.
