What you are seeing is correct. Both forms represent "income" as the term is defined in the tax code, but the rollover to the traditional IRA is nontaxable income. Being nontaxable, it has no effect on your tax return other than being required to be present on Form 1040 line 5a and the ROLLOVER box nearby being marked. TurboTax's summary shows both taxable and nontaxable income so that you can use the total to verify that you have entered all of your Forms 1099-R.
