Yes, after you enter all you Form 1099-Rs for the distribution you will click continue to get to the follow-up questions related to Form 8606:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R”
- Click "Continue" and enter the information from your 1099-R
- On the "Review your 1099-R info" screen click "Continue" after adding all Form 1099-Rs
- Answer "Yes" to "Any nondeductible Contributions to your IRA?" if you had any nondeductible contributions in prior years.
- Answer the questions about the basis from line 14 of your 2023 Form 8606 and the value of all traditional, SEP, and SIMPLE IRAs
TurboTax will calculate the nontaxable portion on Form 8606. Note, if you have a * next to line 13 then TurboTax is using the Taxable IRA Distribution Worksheet to calculate the nontaxable portion according to Pub 590-B.
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