I think for the first 1099R for 12,000 withholding you should say you did something else with it. You got the cash but it all went to withholding . You didn’t roll over or convert that part. Or did you replace the 12,000 with your own money to put the whole 50,000 into the ROTH IRA? Or did the Roth only get the 38,000?
The 12,000 1099R is for an early distribution. It is taxable and you will also owe a 10% Early Withdrawal Penalty on the 12,000.
The 38,000 conversion is taxable but no 10% Early Withdrawal Penalty.
