Retirement tax questions

1) don't file an incorrect return; don't file a return that shows a contribution penalty when you did not make a contribution.

 

2) form 5498 is not going to correct at the IRS errors on your filed return.

 

3) "IF check the box in Turbo Tax that the amount was converted to a Roth IRA, an excess contribution to my Roth IRA results plus a 6% penalty."

I don't see how this can happen. I'm looking at TurboTax 2018 and it does not happen when I tried your scenario just to be sure.

 

What is the amount of the "Excess contribution"?

Maybe you have an unresolved excess contribution from a previous year.