The total basis on line 14 of Form 8606 is the amount of nondeductible traditional IRA contributions for 2022 and earlier years that isn't used up.
Generally, if you convert the full amount and your balance is $0 then your basis will be $0 too since you used it all. But if you had a loss before the conversion and convert less than your original nondeductible contribution then you will have a basis left on Form 8606 line 14 to use in future years.
For example, you made a $6,000 nondeductible traditional IRA contribution but before you converted it you had a $500 loss and therefore you converted only $5,500 (all that is left in the traditional IRA account). Then you will have a $500 basis left on line 14 of Form 8606 (basis carryover).
If you didn't have a loss then you will have to review your entries. If you made the recharacterized amount nondeductible on your 2021 tax return then you should have the contribution amount as the basis on line 14 of the 2021 Form 8606 (assuming the full contribution amount was recharacterized). If your traditional IRA was empty on December 31, 2022, the value will be $0. Don't enter anything for outstanding recharacterizations or outstanding rollover.
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