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I did 401K and Roth 401k direct rollover to another brokerage Rollover IRA and Roth IRA respectively. I got 1099-R and this amount treated as an income? is it correct?
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"Income" simply means something that must be entered into TurboTax when preparing your tax return. Income is not necessarily taxable income. Nontaxable income has no effects on the rest of your tax return. What matters is that these amounts are included on Form 1040 line 5a but are excluded from taxable income on line 5b with the ROLLOVER notation.
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