Yes that is exactly my question @dmertz
I entered Roth conversion through code-2 but my taxes did not go up. I assumed they would go up by $25-$50 roughly on the $265. I understand that there should be no tax implication from nondeductible contribution portion that was converted to Roth... but this other portion should have tax implications is what I believe.
But in the screen show above, TurboTax says only ZERO of my reported $265 is taxable. That does not sound correct.
