Get your taxes done using TurboTax

if you contributed $4000 but your IRA is $4002 the next day when you convert, the correct action is to convert 100% or $4,002 to Roth IRA. That will use up all your basis.

 

For small dollar amounts the impact should be negligible, i.e. it will round down to zero dollars remaining in basis.

 

@bugmenot