@LMTaxBreaker
Also, you need to track contributions and conversions separately, and you need the dates of each conversion (regular conversions and backdoor conversions).
Your withdrawals are always deemed to come from contributions first, conversions second, and earnings last.
Contributions can be withdrawn any time tax-free. Conversions are subject to a 10% penalty for early withdrawal if you are under age 59-1/2 and the conversion was less than 5 years ago. (Which is why you need to know the date and amount of each conversion.)
