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Visitor II

1099R: I moved a 403-B from Nationwide to Schwab IRA to Schwab Roth. TT is doubling that income.

Please help... Using simple numbers here to make this easy.

 

Income Totals

W2 = $50,000

Rolled over Nationwide 403B of $20,000 to Schwab IRA.

2 months later I rolled half of that now Schwab $20,000 to Schwab Roth IRA = $10,000

 

Turbo Tax should show $60k in income, but instead on the "Here's a picture of your income" it calls out the 403b from nationwide as "Pensions-nontaxable" and says my income was $70k.

 

What did I do wrong?