In 2022, my wife contributed $6,000 to her non-deductible IRA, had some capital losses, and converted all of the remaining amount to a Roth IRA. Later in the year, she withdrew all contributions she had made to her Roth IRA in the last 4 years (including 2022).
TurboTax correctly considers the withdrawals from the contributions prior to 2022 non-taxable. However, it completely ignores the Roth 2022 conversion, and considers that almost $6,000 of the withdrawal are earnings (surprisingly, it only charges penalty, but not taxes on this value).
How can I address that?
