Swedish tax issue K4 for losses

Tax Questions
1

I had coinpanda generate my K4 form (sweden) for my taxes. My FTX margin trades were accounted for in section C, which is good since those losses are 100% deductable. Unfortunately, I received a letter from skatteverket saying that they want to change those losses to section D which are only 70% deductable. This is a significant change for my tax bill ($6000).

Can anyone explain why coinpanda puts margin trades (USD based) in a different reporting category than regular spot trades? And how can I explain to the tax agency why it is supposed to be done like this?

My theory was that since it was futures trading based on USD, I didn’t make any crypto trades (only gained or lost dollars when I closed the trade). Currency, exchange rates, and interest rate gains and losses are suppposed to go in section C.

Thank you for any help you can provide

2

Hi Mike,
Apologies for the delay.

Can you send a message to support chat or open a ticket in Discord so we can check your report?

3

Hi @Mike_Palm and thanks for reporting this. We will look at this ASAP and post any updates as soon as possible.

4

K4 will be updated shortly to reflect these changes you have mentioned :slight_smile:

5

@Mike_Palm K4 has been updated now. I will close the thread but let us know if the chat if you have any other questions.