Yes, you will have to pay taxes on part of the conversion because of the pre-tax amount in the traditional IRA.
In the future, when you take a distribution/ make a conversion then part of the $5,712 leftover basis would be allocated to that event and that part would be tax-free. So you will get to use the basis later and not lose your after-tax money.
So if you would empty the traditional IRA account then $5,712 of that distribution/conversion would be not taxable because of the leftover basis of $5,712.
@dhuynh44
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