I transferred my Webull 1099-b forms in and it’s showing i have capital gains when i have a total loss of $3,000 on my forms sent to me from webull. what do i do?

You should always confirm every entry on the 1099-B with what is reported in TurboTax.  The transfer of complicated data can cause anomalies.  Cost basis frequently has to be reviewed in detail.

In the event you need to adjust cost basis:

1. Start at Federal
2. Wages and Income
3. Scroll to Investments & Savings
4. Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) [Start or Revisit]
5. If you already have an entry, select the appropriate broker or add another account.
6. Select your broker or follow the interview.
7. As you enter the dates and proceeds, there is a check box for The cost basis is incorrect or missing on my 1099‑B
8. Use this option to correct any errors on a cost basis.

If this does not completely answer your question, please contact us again and provide some additional details.