Tax-Loss Harvesting Memo — Client 100000001

01 · Summary

Harvest Opportunity

We have identified a tax-loss harvesting opportunity in the client's portfolio, specifically with GLOBEX CORP COM, which has a loss of $5,000 or 6.25% of its cost basis. This could potentially yield an estimated tax benefit of $750 at a 15% tax rate or $1,190 at a 23.8% tax rate. To proceed, we must consider several factors to ensure compliance with tax regulations and suitability for the client's investment goals.

Harvestable Losses

$5,000

Est. Benefit @ 15%

$750

Est. Benefit @ 23.8%

$1,190

02 · Candidates

Positions With Harvestable Losses

Symbol	Description	Market Value	Cost Basis	Loss	Loss %
GLOBX	GLOBEX CORP COM	$75,000	$80,000	−$5,000	−6.3%

03 · Considerations

Before Executing

The 30-day wash-sale rule applies, meaning we cannot purchase the same or substantially similar security within 30 days across all accounts, including spouse and IRA accounts
We must identify suitable replacement securities to maintain the client's investment objectives and stay invested in the market
The final tax treatment will depend on the client's overall tax situation, so we will need to coordinate with the client's CPA

04 · Next Steps

Execution Checklist

Review the client's portfolio and identify suitable replacement securities for GLOBEX CORP COM
Confirm the client's tax situation and goals with their CPA
Execute the tax-loss harvesting strategy, if approved by the client, and monitor the portfolio for any further opportunities