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