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[user17]

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[ReneV4]

It appears that a piece of information is missing, in that you will need to input your Traditional IRA contribution of $7,000.

1. Go to Deductions & Credits to input the contribution first
2. Next, go to Wages & Income to input your Form 1099-R
3. When you reach, Any nondeductible contributions to your IRA?, answer Yes
4. Enter prior year basis (2.00)
5. Next, enter the value of all of your Traditional/SEP/SIMPLE IRAs on December 31, 2025. If you emptied the account for the conversion, enter 0

Doing the above will combine your new basis with our old basis, bringing your taxable amount down to 0.