Hi @KeithS-2020
Thanks for the detailed response and for confirming it's not just me.
Just to make sure I interpreted correctly, let me make sure I'm understanding what some back-of-the-envelope estimates for my deductible losses would look like:
January 2022: Buy $10,000 worth of an ETF at $60/share
Feb-Oct: shares pay out $15 per month of dividends, reinvested with DRIP
Nov 2022: ETF has dropped to $50/share. My initial investment is now only worth $8,300, but I've received something like $150 in dividends, which have been reinvested into about 3 shares of the same ETF.
That would sum up to $1700-$150 = $1550 in deductible losses if I sold all the original shares purchased in January, correct?
If I sold some (not all) of the shares of that ETF, wouldn't it all be considered short term losses, assuming the losses exceed the dividends paid out? I don't plan on selling all the shares - only some of the shares I purchased in the last fiscal year.
