Tax-Loss Harvesting Agent
Harvests losses and manages realized gains tax-aware, continuously.
Scans taxable accounts daily for harvestable losses, books them into a compliant replacement that holds the market exposure, and tracks the 30-day wash-sale window by the calendar. Runs as a continuous sweep, every swap gated on an independent wash-sale recheck.
Authority
Monitor and escalate
Team role
Completes a defined task
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Asset Management
Desk workflow
Mandate or model, then construction, then the rebalance signal, then a tax-aware trade list, then best execution and drift monitoring. Runs high-volume and rules-bound across the whole managed-account book.
Collaboration
Moves work through defined stages
Decision boundary
Monitors the work and escalates conditions outside its limits.
Systems and capabilities involved
Tax-lot accounting
Substantially-identical mapping
Wash-sale rule check
Order management system
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
Receives from
Context
What the role needs to do the work
- Current work
- The account's lots, unrealized P&L and the 30-day wash-sale window.
- Prior interactions
- Lots already harvested and the replacement positions held.
- Policies and reference
- Wash-sale rules, substantially-identical determinations, gain-budget targets.
- Working method
- Not specified for this role.
Illustrative workflow
How the work moves
Starting point
Daily sweep finds a position 9% underwater in a taxable account.
- 01
Confirm no purchase of the lot or a replacement within the wash-sale window.
- 02
Select a non-substantially-identical replacement holding the exposure.
- 03
Stage the swap and record the harvested loss against the gain budget.
Result
A staged loss-harvest trade pair, wash-sale-clean, queued for execution and logged to the tax ledger.
Checks and boundaries
What must be tested or reviewed
- 01Every harvest passes an independent wash-sale recheck before staging.
- 02Replacement holdings validated as not substantially identical against the rule set.
- 03Realized-gain budget enforced per account; breaches block and escalate.
Human authority
Monitors the work and escalates conditions outside its limits.
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