Snapshots of What Is the Endgame for Tax-Loss Harvesting?

Quickly apply original, key PMR-published papers with Snapshots—a short article companion that distills PMR research into compressed, digestible takeaways, so you can put the paper’s core ideas to work in your investment process—fast. This Snapshot article is based on research arguing that tax-loss harvesting defers rather than eliminates taxable gains; leveraged long–short extensions can increase the benefit when offsettable gains are available, but the amount retained depends on how and when the portfolio is unwound.