I am going to withdraw some 2006 Roth IRA contributions in 2023. I am over 59 1/2, but have been doing some Roth Conversions lately, so I have to be careful about the five year rule since doing a conversion opens up the potential for being taxed AGAIN as ordinary income. I am afraid Turbotax will not allow me to input the contribution basis for this and all other contributions (It was $4,500 the 2006 year including $500 catch up). Are you saying that I will have an opportunity to input all of my Roth contribution history during that Roth interview section, so that Turbotax will then fill out the Form 8606, which should result in my not being erroneously taxed?? Just thinking ahead a little. I think there is a table in Turbotax that will allow you to input all contributions on a historical basis. Any help you could give would be appreciated!
