Last year I did a Traditional IRA contribution with after tax money and converted it to my Roth IRA. I did this using the backdoor Roth IRA conversion. I have a 1099-R and the amount in box 2a is $6,002.54. I know the $2.54 is over the limit and I'm not sure how I got the gains but I converted it as soon as I could after making the contribution to the Roth IRA. Box 7 is a 2 value (early distribution (except Roth IRA). So I have two questions here
1. When I enter in box 2a with 6,002.54 my tax bill increases, but I'm wondering why box 2a isn't 0 since I have already been taxed on that money. I'm getting double taxed on the money with box 2a having a value. Is this normal?
2. Since I gained $2.54 cents before the total conversion of my Traditional IRA account to my Roth IRA, what do I do about that?
Thank you very much for your help
