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posted Mar 3, 2025 10:31:07 AM

Qapital (Apex) auto imported1099B sales but i didn't sell any shares last year

When Turbotax imported my consolidated tax document for Qapital investments, it shows capital gains received for brokerage sales but I didn't sell any shares last year. I only purchased investments. Now I owe taxes on capital gains on sales/profits I didn't make. When I looked at my monthly statements, it shows sales of shares. It negatively impacted my tax return. When I contacted qapital support they confirmed that I didn't sell any shares. Yet there are something like 42 short and long term sales imported. Help?

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1 Replies
Expert Alumni
Mar 10, 2025 8:40:06 AM

Since they confirmed that you did not make any sales, they need to issue a corrected 1099-B with no sales.