If I have no plans on ever maintaining a balance in my traditional IRA (I always plan on backdooring it into a Roth - I did this for tax year 2023 but did make the contribution after the 1st of the year), would there be any harm in just saying I have no basis going forward? At this time, I do not have any plans to carry a balance in my traditional IRA. As such, would tracking basis be necessary? I am relatively new to this and am still trying to get acclimated to all the ins and outs. Thanks for all the help.
