I'm not sure what form or worksheet has the ratio on line 7. Did you mean to say a different line?
The calculated ratio can only be greater than 1 if the investments in your traditional IRAs have lost value and the total value of all of your traditional IRAs plus the amounts of any distributions and conversions is less than your basis. However, your description suggests that this is not the case. Make sure that the form shows the correct year end value in your traditional IRAs.
