Yes, it seems you have entered it correctly since $0 is taxable with your conversion.
Generally, 2022 Form 1099-R with code P would be issued if you made a 2021 excess deferral to your 401(k) and removed it in 2022.
If you didn't add the excess deferral amount to your wages on your 2021 tax return, you must file an amended return on Form 1040-X. If you didn't receive the distribution by April 15, 2022, you must also add it to your wages on your 2022 tax return.
Please see Pub 525 for additional information.
@tb001
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