Steven79
Returning Member

How to handle broker fees when converting from traditional IRA to Roth

I contributed $14K to two traditional iras.  Then I converted the net of $13,392 to the Roth nd received a 1099-Q.  The difference is broker fees that I paid in the traditional ira.  The difference is showing up as taxable on my tax return and as the basis for my cumulative traditional non-deductible iras.  This cannot be correct.  How does turbotax account for the difference between my gross contribution and the next distributed?