Noooooo. Absolutely not. The shares were bought over a year ago in Jan 2023 and sold with the new shares in jan 2024. .
%% NOR would it be a wash in Roth, no taxes due; may want to confirm that with CPA. Profits exclude wash sales
They gave me no reason, just said they reviewed it and it's a wash sale. Least people here on the forums are showing me the breakdown with using the calculations I brought forward
At this point, I would say it is a wash sale. Of course, the whole wash thing will be moot for 2024 taxes if you wait at least 30 days from the date of your sell, before you trade the same stock (or something considered substantially similar) again. My 2 cents.
We still have a bit of a loophole. USA A wash sale is when an investor sells a security in their portfolio and, within 30 days, buys a new or substantially identical version of the same stock. This method is employed as a means of lowering the investor's taxable income. Canada Superficial Loss: When employing tax-loss harvesting, make sure to consider the CRA's “superficial loss” rule. According to this rule, investors claiming a capital loss on the sale of an investment cannot buy the same investment within 30 days of the sale.