The $6,000 traditional IRA contribution for 2019 was required to have been reported on your 2019 tax return. If nondeductible, 2019 TurboTax would prepare the required 2019 Form 8606. Basis from the 2019 contribution carries forward from line 14 of the 2019 Form 8606 to line 2 of the 2020 Form 8606 to be used in calculating the taxable amount of any traditional IRA distributions or Roth conversions made in 2020.
