Roth 401k rollover to Roth IRA then withdraw from Roth IRA

[Icey101]

Where do I annotate a older roller in Turbo Tax. I can not find where I enter my 2021 Roth 401K to Roth IRA rollover. I rolled over $34k (of which $24k was contribution) to my Roth IRA. The Roth 401k was opened in 2016 and transfer was 2021, fullfilling that 5 year rule. The Roth IRA was opened in 2008, so fullfilling that 5 year rule. I took a with draw of $34k against the roth IRA in 2023 but can not find anyplace to annotate a $34k roll over into the account (it was shown on my 2021 taxes).

[dmertz]

Satisfying either of these 5-year rules is irrelevant if at the time of the distribution from the Roth IRA you were under age 59½.  Otherwise, the distribution from the Roth IRA is a qualified distribution and there is no need to know your contribution basis because a qualified distribution is automatically free of tax an penalty.

Assuming that you were under age 59½ at the time of the distribution from the Roth IRA, your $24,000 of contribution basis in the Roth 401(k) became contribution basis in the Roth IRA.  Be sure to click the Continue button on the page that lists the Forms 1099-R that you have entered and, when asked, enter or confirm your Roth IRA contribution basis (including the contribution basis from the Roth 401(k)).

[Icey101]

On my 2021 return it shows the $24k contribution ($34k total rollover), so I should change the box that asks the total life contribtion to include this $24k along with Roth IRA contribtutions? Yes I am under 59.5.

[dmertz]

"I should change the box that asks the total life contribtion to include this $24k along with Roth IRA contribtutions?"

Yes.

[taxnovice16]

I have a similar question. In 2022 I rolled over my Roth 401k into a Roth IRA and I also rolled over my 401k in to Traditional IRA.  It looks like I never submitted the 1099-R forms in my 2022 tax filing, although I do have copies of the 1099-R forms on my computer.  There are no other contributions in the Roth IRA and Traditional IRA other than what I moved over.

In 2023 I withdrew some funds from my Roth IRA (I am in m 30s btw).  This amount is less than what I contributed to my Roth 401k (the number in box 5).

Do I need to amend my 2022 tax forms to include the 1099-R forms from when I rolled over the 401ks?  Or can I just enter the amount from box 5 of my 1099-R from the Roth 401k as the "Roth Contributions Prior to 2023" and be done with it?

Thank you

Edit:

For clarity my 2022 1099-R from Roth 401k has Distribution Code H in Box 7 (though this form was not included in 2022 tax return)
My 2023 1099-R from Roth IRA has Distribution Code J in Box 7

[dmertz]

Both of the rollovers from the 401(k) in 2022 were nontaxable, so there probably isn't much reason to amend the 2022 tax return at this point.  I would just enter as "Roth Contributions Prior to 2023" the amount from box 5 of the 2022 Form 1099-R that reports the distribution from the Roth 401k and be done with it.

[taxnovice16]

Thank you! And thank you for the super fast reply!