Sorry to bump an old topic but I've been searching everywhere to figure this out and there seems to be very little info out there about this.
I had a Roth 401k at my previous employer and last year (2014) I rolled it over into a Roth IRA + a Traditional IRA (since it also had pre-tax money in it from employer match), taking advantage of the IRS allowing direct rollover and splitting of funds in this way.
I received 2 1099R's from my old 401k custodian:
* Box 1 - $20,000, distribution code G, 0 Taxable (this was rolled into a Traditional IRA)
* Box 1 - $50,000, distribution code H, 0 taxable (this was rolled into a Roth IRA)
My IRA custodian filed 2 Form 5498's, which just said:
* Line 2 - Rollover contributions...$20,000, Line 7 IRA Type...IRA
* Line 2 - Rollover contributions...$50,000, Line 7 IRA Type...ROTH IRA
None of this ended up on my 1040 at all as it was a totally non-taxable event.
Okay, so the $20,000 is irrelevant, the concern is of course the $50,000 that went into the Roth.
The problem is, no one seems to know how much of that $50k was contributed from my paychecks, and how much was from investment gains. My IRA custodian said they didn't receive that information as part of the rollover (just the total amount), and I even called my old 401k custodian and they didn't really know either (because they had basically inherited my Roth 401k from another custodian when the company I worked for had been bought out 6 months before I quit that job, so they only had the last 6 months of contributions on their records + the lump sum of the transfer from the first company).
As far as I can tell no one reported my contributions to the IRS either (it doesn't seem to be on my old W-2's...), so I can't even ask them, and I don't have 10 years of pay stubs to look back at to add them up manually.
Even if I did somehow figure this number out though, I wasn't sure if it was necessary, as I've seen posts like this around the internet:
The entire Roth 401k rollover is treated as one big contribution to the Roth IRA. The entire rollover is available for withdrawal tax and penalty free.
However some of this thread seem to be disagreeing with this (at least in my case as someone who is only 37!). I've also seen conflicting info on if it should be reported as a contribution (Line 22 on Form 8606) or rollover (Line 24 of Form 8606) or both somehow.
So here's my questions:
* How much can I pull out of my Roth right now without paying any taxes, if anything?
* How much can I pull out in 5 years (well 4 now I guess, since I did the rollover last year) without paying any taxes?
* What numbers do I put on lines 22 and lines 24 of Form 8606 if/when I do take a distribution (assuming no more contributions made in the interim, for simplicity's sake)?
* What if I could eventually track down the data somehow and found, say, $35k of that $50k was from my own contributions, and the remaining $15k was from earnings before I converted, would that change anything?
* If I really can't get any more data than I already have though, am I just screwed on using laddering because I can't honestly tell the IRS how much of my Roth is truly basis vs gains?
Thanks in advance for anyone that can help clear this up!