I withdrew money from my Roth IRA. The amount was less than my combined Roth IRA contributions and rollover roth 401k contributions.
I found the part in TurboTax where it says: enter total Roth IRA contributions before 2024 but then where do I put rollover roth 401k contributions?
For example (not actual numbers) let's say I withdraw $10,000 from Roth IRA. I contributed $7,500 directly to Roth IRA and rollover $3,500 from Roth 401k. So the total contributed is ($11,000).
Should I just put the total amount as $11,000 for total Roth IRA contributions before 2024? Because there's no entry for total rollover 401k contributions before 2024.
Thanks
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Yes, you will enter $11,000 for total Roth IRA contributions before 2024 on the "Enter Prior Year Roth IRA Contributions" screen (assuming you never withdrew anything before).
"Increase the amount on line 22 by any amount rolled in from a designated Roth, Roth SEP, or Roth SIMPLE account that is treated as investment in the contract." (Form 8606 line 22 instructions)
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