IRA Distribution is showing 6000 as non taxable but 500 taxable

I contributed $6500 to Traditional IRA and converted to Roth immediately. For 2023 kit is showing $6000 as non taxable income and $500 as taxable. All of it should be non taxable. Is this a bug?

1212

Level 15

Mar 30, 2024 5:06:09 PM

What is your 1099-R code?

You must declare your entire 2023 IRA contribution non-deductible.

@ajaybuti

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IRA Distribution is showing 6000 as non taxable but 500 taxable