An adviser recommends tax-loss harvesting near year-end. The primary benefit is to:

a.Increase the client's taxable income
b.Guarantee a higher return
c.Realize losses that can offset capital gains and up to a limited amount of ordinary income
d.Avoid the wash-sale rule automatically

解析

Tax-loss harvesting realizes capital losses to offset capital gains and, beyond that, a limited amount of ordinary income per year, with excess carried forward. It improves after-tax returns without necessarily changing overall strategy. The wash-sale rule must still be respected.

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