Can I claim a superficial tax loss if I only sell a portion of my stock? I have 2000 shares and I sell 1000 at a loss. I have held this company for more than 5 years.

I have held this company for more than 5 years. I have 2000 shares and I sell 1000 shares at a loss. Can I claim the loss for those 1000 shares and in the future, if I sell the remaining shares at a loss, can I also claim them?

1495

New Member

Oct 30, 2019 4:40:35 PM

Hi there,

Yes you can claim the loss for those 1000 shares. However you cannot buy back the stock for 30 days.

New Member

Oct 30, 2019 4:40:37 PM

Thank you.

New Member

Oct 30, 2019 4:40:38 PM

How about if I have 2000 shares and buy 1000 more at $10 and sell 1000 the same day at $11. Would I still be able to claim the loss? My ACB is $18.

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Can I claim a superficial tax loss if I only sell a portion of my stock? I have 2000 shares and I sell 1000 at a loss. I have held this company for more than 5 years.