am I over contribute to megabackdoor?

[seninus]

Hi folks. i have total 6 1099-r files. 

1) 1 file is 6000 traditional ira roll over. 

2) 5 files are the megabackdoor contribution from 2 employers 

I know the total contribution for megabackdoor is 61,000.  I contributed 20500 to 401k myself.  i don't have employee match i think (The company match doesn't vest since i didn't stay over 2 years) 

out of this 5 1099-r files. 

Employer #1. 

1.  box1(total):  32709.45,  box5(employee contri):  32709.45, box7: code "H",  the rest are all 0 

2.  box1(total):  60718.90,  box5(employee contri):  31819.44, box7: code "G",  the rest are all 0 

3.  box1(total):  0.00,  box5(employee contri):  109.99, box7: code "1B",  the rest are all 0 

Employer #2. 

1.  box1(total):  2235.73,  box5(employee contri):  2187.50, box7: code "H",  the rest are all 0 

2.  box1(total):  4879.81,  box5(employee contri):  4879.81, box7: code "G",  the rest are all 0 


How do i calculate the total contribution for 2022?  is my mega-backdoor overcontributed?  could someone help me list the formula?  do i just look at the 1099-r with code having H only? or code having G only?  

I am too confused... Thanks! 

[DanaB27]

It seems the Form 1099-R with code G was for the conversions from the 401(k) into the Roth 401K. The second Form 1099-R with code H was for the rollover from the Roth 401K into the Roth IRA.

If this is correct then you would only look at only at the Form 1099-R with code G to determine your contribution amounts.

Please make sure you enter all Form 1099-R as shown into TurboTax and answer all follow-up questions carefully.

@seninus