The TaxAct program will not prompt you to enter the basis of your traditional IRAs if you do not have some key elements entered on your Form 1099-R. Please follow the instructions below to access the screens regarding the basis of your Traditional IRA.
The basis amount entered will transfer to Form 8606, Line 2.
Per IRS Publication 590-A Contributions to Individual Retirement Arrangements, page 16:
Cost Basis. You will have a cost basis in your traditional IRA if you made any nondeductible contributions. Your cost basis is the sum of the nondeductible contributions to your IRA minus any withdrawals or distributions of nondeductible contributions.
Refer to Are Distributions Taxable? starting on page 28 of Publication 590-B for additional information.