Yes, you will have to include the value of all your traditional/SEP/SIMPLE IRAs on December 31, 2022.
Before you entered the value of all the IRAs TurboTax had only the basis and calculated the tax as if the IRAs were empty. Once you entered the correct value of all of your IRAs TurboTax was able to calculate the correct taxable amount. Usually, it is best to ignore the refund amount until everything is entered.
Since you had pre-tax funds in your traditional IRA the pro-rata rule applies. This means that with each distribution/ conversion, you will have a taxable and nontaxable part. You can see the remaining basis on line 14 of Form 8606, this basis can be carried forward. Therefore, each distribution/conversion in the future will have a taxable and nontaxable part until the basis is all used.
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