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Get your taxes done using TurboTax
1) you'll need to send in the updated 8606 for 2024 to record the cost basis, in similar threads it's advised to send a 1040X with it, see
https://ttlc.intuit.com/community/retirement/discussion/amend-tax-return-for-form-8606/00/3301099
https://ttlc.intuit.com/community/after-you-file/discussion/amend-form-8606/01/3428188#M767296
see also end here for prior year basis updates (tho this refers to missed 8606 filing altogether and states "Don’t amend your 2024 return to record your basis")
2) yes update the cost basis in the interview question to reflect the correct carryover from 2024, which will go onto Form 8606 Line 2.
https://www.irs.gov/pub/irs-pdf/i8606.pdf
February 27, 2026
4:21 AM