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As long as you also add the contribution as a rollforward, it will offset and no issue.
I have an appt with am accountant, but I won't be doing my taxes for another month or so.
So far you did it all right. Now your accountant needs to enter it correctly so you don't get double taxed.
I saw and thought the same thing today. Read this and see if it clear it up for you. https://www.google.com/amp/s/ttlc.intuit.com/community/retirement/discussion/1099-r-and-roth-conversions/00/40094/amp
Thanks!
You should get a 5498 from the new custodian of your rollover
Thanks so much everyone! I would have been worried about this for weeks! I have both IRA accounts with the same company but only got the one form and panicked. I did go back to an earlier statement that confirms the "conversion" (I had another panic session thinking maybe it was reported as taxable because they had recharacterized it instead). I'll wait to see if any other forms are shared, and make sure to provide my accountant with whatever forms necessary.
As you can tell, this is my year doing this. Once I'm comfortable with the process I'll be ready for my 2020 contributions.