I rolled over a Traditional IRA account from one bank by a check payable to another bank that took out 10% tax and converted it to a ROTH IRA. I received two 1099 R with the same code 7 in box 7 and the box IRA/SEP/SIMPLE checked on both forms from the two banks. When I entered the data into TT, it inflated the amount of income by duplicating the IRA amount from the two banks. I was told that form 5498 should fix it. Need help in removing that duplication.
