Trade Republic warns users of a mismatch between its in‑app Renta report and tax authority data

Trade Republic users in Spain have run into a very specific tax problem — and it is the kind that looks small until you see what it changes. The broker says some data shown in Agencia Tributaria draft returns does not match the tax report inside the Trade Republic app. The issue affects certain 2025 sales of listed shares. And because those sales can land in the wrong tax box, people could end up filing a return that treats the income differently from how it should be treated. (finect.com) ### What actually went wrong? The mismatch is not that the numbers vanished. The catch is that some stock-sale gains and losses were apparently sent into the wrong category. Instead of showing up as gains and losses from share sales — the area tied to boxes 0332/0337 in reporting around this issue — some draft returns show them as capital income from other financial assets in box 0031. That is a classification problem, not just a formatting one. (finect.com) ### Why does the box matter? Because Spanish tax rules do not treat every kind of investment income the same way in practice. If a stock sale is misfiled as capital income, the taxpayer can lose the normal treatment for gains and losses on listed shares. The biggest headache is loss offsetting — Fi(finect.com)change the tax outcome. (finect.com) ### Who seems to be affected? The reports point to Spanish Trade Republic clients who sold shares during 2025, especially during the period when the platform was already operating with a Spanish IBAN and reporting directly to Hacienda. Trade Republic told users that only some gains and losses from (finect.com) needs checking. (finect.com) ### Why is this happening now? This is the first Spanish income-tax campaign after a big operational change. In mid-2025, Trade Republic began migrating users in Spain to Spanish IBANs after getting authorization to operate that way locally. Since that switch, the company has been applying Spanish withholding on some products and reporting client tax data directly to the tax agency. So this year is the first real stress test of that reporting pipeline. (finect.com) ### Is the app report wrong too? Trade Republic’s position, as relayed in coverage of the user notice, is that the tax report inside its app contains the correct information. The mismatch is between that in-app report and the data that made it into the pre-filled draft return. That means the ugly part gets pushed back onto the customer — you have to compare the broker PDF with the draft instead of trusting the draft blindly. (finect.com) ### What should users do now? The practical move is simple, even if the tax logic is not. Open the Trade Republic annual tax report in the app, then compare it line by line with the imported figures in the Renta draft. Focus on 2025 listed-share sales and look for amounts appearing under box 0031 instead of the gains-and-losses area. If the draft is wrong, users may need to correct it manually or wait for Hacienda’s data to update. (finect.com) ### Why is this bigger than one broker glitch? Because pre-filled tax returns train people to trust automation. Most users assume imported data is safer than manual edits. But cross-border brokers, new reporting setups, and product changes can break that assumption fast. Spain’s 2026 filing season (finect.com)dvice into the whole story. (finect.com) ### Bottom line If you used Trade Republic in Spain and sold shares in 2025, do not file your draft return on autopilot. The app’s tax report and Hacienda’s imported data may not agree — and in this case, the wrong box can mean the wrong tax result. (finect.com)