I contributed $7500 to my Traditional IRA in 2023 as non deductible contribution. The money sit in a money market fund for a few months and earned $8 interest. I then converted the $7500 to Roth IRA later in 2023 and left the $8 in the Traditional IRA. My brokerage firm's year end report shows the $8 as tax deferred income. But when I file my return using Turbo Tax Deluxe, it makes the $8 still in Traditional IRA as taxable income and my non-taxable conversion to $7492 for 2023. I think Turbo Tax is wrong to make the money still in traditional IRA taxable in current year. Does anyone have the same experience? If so, how do you correct it? Thank you.
