Please be aware, basis and value on December 31, 2023 is not the same.
Yes, you will keep the carried over basis from your 2022 Form 8606 line 14 ($0). This will be entered when TurboTax asks "Any nondeductible Contributions to your IRA?" and TurboTax will leave line 2 of your 2023 Form 8606 blank. And you will enter the value on December 31, 2023 when TurboTax asks "Tell us the value of all your Traditional IRAs". Then TurboTax will use the pro-rata rule to calculate the new basis on line 14 of the 2023 Form 8606, which you carry over to the 2024 return.
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