Yes, TurboTax can handle an installment sale with a contingent payment sale. However, this will require manual entries that may change in future years and you must maintain the appropriate records that will allow you to make the necessary changes to reflect the appropriate income each year. A similar situation might occur if an installment sale selling price changed in a future year due to a reduction in that selling price by agreement of the parties involved.
There are examples that may help you relate to your specific situation about a contingent payment sale. This link may be helpful for you to be prepared with the return entry. Search by holding the Ctrl key and the letter F, then type 'contingent' to quickly find information.
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