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🧩 TLH Logic, Behaviors, & Rules

Collection of logic, behaviors, and rules

🧩 Wash Sale Monitoring Logic

Monitoring Scope

Wash sale exclusions apply across the entire Account Group.

Exclusion Timing

Exclusions remain active:

  • 31 days after harvest
    OR

  • Until manually removed

Reopen Logic

Model-Managed

Automatically realigns.

Advisor-Managed

Requires manual rebalance.

🧩 VSP vs Non-VSP Operational Behavior

VSP Behavior

Allows:

  • Specific lot harvesting

  • Partial lots

  • Greater tax precision

Non-VSP Behavior

Custodian controls:

  • Lot relief methodology

  • Final realized gains/losses

Common Confusion

Displayed lots may differ from:

  • Actual executed lots

  • Actual realized tax impact

🧩 Harvest Rule Logic

Position-Level Rules

Evaluate:

  • Entire position

Lot-Level Rules

Evaluate:

  • Individual lots

Common Support Issue

Lot-level rules on non-VSP custodians may produce unexpected realized gains.

🧩 Replacement Security & Exclusion Logic

Exclusions

Applied automatically after harvest submission.

Manual Removal

If Reopen is disabled:

  • Exclusions remain indefinitely until removed

Common Support Issue

Advisor expects automatic reopening but did not enable:

  • “Reopen After Wash Sale Period”

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