allen13 thanks for the report!
Is there an error message, or can you describe at which point of the login process something doesn't work? Or is the problem that 2FA just gets bypassed?
The conflict is almost expected since there's no way to use 2FA with two factor without writing specific code to make the 2 extensions works together (would 2FA be asked before the login link is sent, or afterwards but before auto-login).
But since both extensions offer optional features (passwordless still allows password login, and 2FA is a user setting) it should at least be possible to make sure the normal, non-passwordless, non-2FA flow continues to work.
I'm not sure when I'll be able to investigate further. I have never used the 2 extensions together. If you need additional compatibility between the 2 extensions you could sponsor the work to make it possible.