You wouldn't have any income to report for the IRA funds transerred to the traditional IRA since you had a loss on the investment, so that looks good. The traditional IRA contribution would not show any deduction assuming you made non-deductible contributions, so that looks good. Your ROTH IRA would not show as tax deductible since it is a ROTH contribution. So as long as you reported the Form 1099-R distribution correctly and input the non-deductible IRA and ROTH IRA contributions in TurboTax, everything looks OK.
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