Error: Could not complete the Copy command because the selected area is empty

[JohnnyScience]

So I am trying to copy a die-cut logo with a transparent background like I've done countless times

I always use the magic wand to click the image, right click and "Select Inverse" and then I can ctrl+c to copy it to paste it into another .psd I'm working on

But for the last few weeks everytime I try this technique, I'm getting an error saying:

Could not complete the Copy command because the selected area is empty

What am I doing wrong?

Here's a screenshot of my settings

[JohnnyScience]

I should also note, it seems to only be on this particular .psd file

[JohnnyScience]

Anyone have an idea?

[Stephen_A_Marsh]

Isn't inversing the selection from the image selection going to select nothing?

Rather than using the magic wand, I would load the transparency as a selection... But as your screenshot shows a collapsed group, it's impossible to know the layer structure.

[Bojan Živković]

Have you tried Copy Merged?