In a wash sale, the disallowed loss increases the cost basis of the new holding, which delays tax efficiency benefits and generally defeats the purpose of a tax-loss harvesting transaction.

Authors

• Person: Not available Organization: T. Rowe Price
  How tax loss harvesting can help improve your investment returns

Sources

• How tax loss harvesting can help improve your investment returns www.troweprice.com T. Rowe Price via serper

Referenced by nodes (2)

• wash-sale rule concept
• tax-loss harvesting concept