The amount converted is the amount that went into your Roth IRA.
The amount distributed is $60,000.
The taxable amount on Line 4b depends on any prior year's basis you may be carrying in your Traditional IRA.
If the basis in IRA is zero, the entire amount converted is included on Line 4b.
the amount withheld is also included on Line 4b.
When you have withholding you are allowed to adjust for that by making another deposit of that amount yourself into your Roth IRA. That increases the amount converted.
@syoung123
