The procedure for strategically realizing long-term gains to manage taxes involves the following steps: (1) Identify a steady supply of short-term realized gains that are taxed at the highest rate, (2) realize long-term gains to refresh the cost basis at the lower long-term tax rate, and (3) utilize the refreshed basis to create potential for generating future short-term losses to offset short-term gains.

Authors

• Person: Not available Organization: Parametric Portfolio
  Four Ways to Manage Taxes as Loss Harvesting Opportunities Fade

Sources

• Four Ways to Manage Taxes as Loss Harvesting Opportunities Fade www.parametricportfolio.com Parametric Portfolio via serper

Referenced by nodes (1)

• cost basis concept