When you report this on your 2020 tax rerun you enter the 1099-R for the distribution and indicate in the interview when it asks what you did with the money, you select that it was rolled over. That's it. Nothing about a 5498 or the nature of the rollover (like kind stock) goes on your tax return whatsoever.
The only concern would be if the IRS (in a year of so) questions that the rollover amount is different than the 5498 amount they might questions it. Personally, I would wait to see if that ever happens and if it does, then answering their letter with the explanation that the financial institution entered the value of the stock when it was rolled back (which was the value at the time), but like kind rollovers are the same shares of stock that were distributed so the entire amount that was distributed was rolled back, which was done. The value at the time of the distribution only matters if it was not rolled back.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
