Tax Report for Swedish Residents

etoro doesn’t provide tax advice. Any data reported in the tax report is strictly for informational purposes only and it isn’t intended as a tax declaration or as a substitute for legal advice. We strongly advise you to verify the tax report with your tax advisor.

On this page, you will find information about tax reporting in Sweden. etoro Club members living in Sweden can generate a tax report based on the previous financial year’s investment activity on the etoro platform, structured in accordance with local tax guidelines.

Select a question to go directly to that topic.

1. What should I be aware of when reporting taxes in Sweden?
2. What does the Swedish Tax Agency consider taxable?
3. How are capital gains calculated in Sweden?
4. Why are the capital gains between the etoro account statement and the tax report different?
5. What are the official tax forms and where can I download them?
6. Can I use the etoro tax report as a basis for filling out official tax forms?
7. SKV 2000
8. SKV 2104
9. SKV 2703
10. Income report
11. Standard income

What should I be aware of when reporting taxes in Sweden?

• The tax year is from 1 January to 31 December.
• The report can be submitted in electronic and paper format.
• The deadline for the tax assessment is 2 May 2024. However, it is possible to apply for an extension
• The reporting currency is the Swedish krone (SEK).
• The reporting languages are Swedish (SE) and English (EN).

What does the Swedish Tax Agency consider taxable?

• Income: Dividend income, interest income, other investment income.
• Capital Gains: Capital gains from different asset types (ETFs, shares, CFDs, crypto).
• Standard income (Schablonintäkter): The value of any ETFs held on 1 January.

How are capital gains calculated in Sweden?

The capital gain/loss on an asset can be calculated by subtracting the cost basis (purchase price) of an asset, as well as any acquisition fees, from the value of the asset when it was sold.

If many positions are held on the same asset, bought at different prices, there are several methods for working out the cost basis. In Sweden:

• For shares, investment funds and crypto, the weighted average is used.
• For CFDs, specific lot identification is used.

For details on these methods, visit our article on cost basis.

Why are the capital gains between the etoro account statement and the Tax report different?

You may notice differences between your etoro account statement and your etoro tax report. These can be attributed to the different methods used to calculate capital gains.

• Account statement reporting method: Specific lot identification
• Tax report reporting method:
• For all securities and crypto: Weighted average method
• For CFDs: Specific lot identification

Additionally, to calculate the financial data presented in the tax report, the values of the positions are converted from USD to SEK at the time of position opening and closing. This conversion process may result in a further difference in the end value between the account statement and the tax report.

What are the official tax forms and where can I download them?

• SKV 2000 - Inkomsdeklaration 1 is used to report the total income. Sections 7 and 8 are relevant for investment income and in the scope for the report.
• Section 7 is for reporting investments (capital income and capital gains)
• Section 8 is for reporting deductions (capital losses and interest on loans)
• SKV 2104 - K4 covers gains/losses and is divided into 3 forms. The different forms must be completed depending on the type of asset (or the underlying asset for certain derivatives):
• K4 A: Gains/losses from shares and funds, as well as CFDs whose underlying asset is a share or stock index, are reported in this form.
• K4 C: Gains/losses from bonds, currency trades, and CFDs with these instruments as underlying assets.
• K4 D: Gains/losses from other financial assets, including cryptoassets.

In addition to these forms, there are other sections:

• Income report. This includes all of the income within the reporting period, which is reported in Section 7 of the income tax return.
• Standard income (Schablonintäkter): This includes the ETFs held on 1 January, with their value and the standard income per ETF. The value of the ETF is multiplied by 0.4% in order to calculate the tax due.
• SKV 2703 - Used to request settlement of foreign tax. In some cases, filling in the form is unnecessary; instead, a request can be made under ’Other information’ on SKV 2000.

Can I use the etoro tax report as a basis for filling out official tax forms?

In this section, we will go through the official forms one by one, showing where to enter information found on your etoro tax report.

The coloured boxes from the tax report screenshots correlate to the same coloured boxes in the screenshots of the tax forms.

The information on this page should not be used as a guide on how to fill in your tax return. Please review the official notes on the tax forms and consult your independent tax advisor for questions.

SKV 2000 - Inkomsdeklaration 1

etoro Tax Report

In the etoro tax report, two sections are relevant to the form Inkomsdeklaration 1: Income (section 7) and Deductions (section 8). The individual clauses are as follows:

• 7.1: Standard income (Schablonintäkter).
• 7.2: Income and capital gains from bonds and bond/currency CFDs.
• 7.4: Capital gains from shares, ETFs, and equity/equity index CFDs.
• 7.5: Capital gains from cryptoassets and other CFDs.
• 8.1: Interest on loans and losses from bonds and bond/currency CFDs.
• 8.3: Capital losses from shares, ETFs, and equity/equity index CFDs.
• 8.4: Capital losses from cryptoassets and other CFDs.

Below is an example of these sections in the etoro tax report.

Official Form

Below are examples of the corresponding sections outlined by coloured boxes in the official form, Inkomsdeklaration 1.

SKV 2104 - K4 – Försäljning – Värdepapper m.m.

There are 3 sections on the K4 form that can be filled out using the etoro tax report. K4 A, K4 C, and K4 D.

K4 A - etoro Tax Report

Below is an example of the relevant section in the etoro tax report for K4 A, gains/losses from shares, ETFs, and equity/equity index CFDs.

K4 A - Official form

Below is section K4 A from the official form.

K4 C - etoro Tax Report

Below is an example of the relevant section in the etoro tax report for K4 C, gains/losses from bonds and currency/bond CFDs.

K4 C - Official form

Below is section K4 C from the official form.

K4 D - etoro Tax Report

Below is an example of the relevant section in the etoro tax report for K4 D, gains/losses from cryptoassets and other CFDs not already covered.

K4 D - Official Form

Below is section K4 D from the official form.

SKV 2703Settlement of foreign tax - etoro tax report

etoro Tax Report

Below is an example of the relevant section in the etoro tax report for reporting the settlement of foreign tax.

Official Form

Below is a screenshot of the official form, SKV 2703.

Additional Information in the etoro Tax Report

The following sections are not based on an official form, but provide details regarding taxable income that is reported in the income tax return (SKV 2000).

Income report - etoro Tax Report

Below is an example section in the etoro tax report that includes the total amount of income, which can be reported in section 7.2 of SKV 2000.

Standard income (Schablonintäkt) - etoro Tax Report

Below is an example section in the etoro tax report that shows the ETFs that were held on 1 January of the reporting year.