Guide to declaring NFT crypto taxes in Sweden (2026)

Do you need to pay taxes on NFTs in Sweden?

In most cases gains from NFTs need to be declared to Skatteverket. However, NFTs don’t all follow the same tax rules. How an NFT is taxed depends on what it represents and how you use it. Because NFTs can serve very different purposes (from digital art to in-game items), there’s no one-size-fits-all answer.

In most situations, NFTs are taxed under the rules for “other assets,” such as digital art or virtual items in games. From a tax perspective, these assets usually fall into one of two categories: investment assets or personal-use assets . Which category applies depends largely on your intent when acquiring the NFT and how you’ve used it since.

NFT an Investment Asset

This typically applies when you purchase an NFT (such as digital art or an in-game item) primarily to speculate on its future value or to resell it at a profit. This is the primary use case for NFTs based on discussions with our clients.

Investment NFTs are taxed in the same way as normal cryptocurrencies. The gain or loss is calculated by subtracting the acquisition cost from the sale price. Profits are taxed at 30%, while losses are deductible at 70%.

NFT as a Personal-Use Asset

An NFT may be considered a personal-use asset if it’s mainly used for personal enjoyment rather than for making a profit. For example, if you buy an NFT that represents an in-game item and primarily use it for your own gameplay, it may qualify as personal property.

When you sell a personal-use NFT, your capital gain is calculated by subtracting the acquisition cost from the sale price. Alternatively, you’re allowed to use a simplified method where 25% of the sale price (after deducting selling expenses) is treated as the cost basis.

Normally, capital gains are fully taxable. However, gains from personal-use assets are tax-free up to SEK 50,000 per year. This works as a basic allowance, meaning that if you sell multiple personal assets during the year, only the part of the total gain that exceeds SEK 50,000 is taxed. Losses from selling personal-use assets are not tax deductible. This is an important consideration when calculating your taxes.

Did you create and sell the NFT?

The act of creating and selling NFTs can be considered income. If you think this applies to you, this section might provide useful information. If you have solely traded NFTs, then you can skip this section.

Creating and selling NFTs as income is taxed differently depending on whether you are an individual selling digital art as a hobby versus a for-profit organization/business. The exact criteria to be considered a hobbyist or a business should be assessed with care. It will likely depend on the specifics of your situation. If you are unsure about your situation, you can always contact Skatteverket directly or seek professional tax advice.

A similar classification approach is used for mining crypto, which has been more defined. Some of the criteria of whether mining activities are considered as a hobby or business may indicate how this assessment is made for NFTs:

• The operations are conducted regularly in a professional and cost-effective manner over a longer period of time with appropriate equipment.

• The operations can be expected to generate a surplus over the entire financial calculation period.

How to declare your NFTs to Skatteverket

The easiest way is to use a crypto tax calculator like Divly to handle your NFT taxes. Once the NFT transactions are imported into Divly, they are automatically included in the tax report (K4) that you download.

You can import NFTs automatically in Divly via the most popular blockchains like Ethereum and Solana. This makes the process much easier.

Traded NFTs classified as Investment Assets

Just like normal cryptocurrencies, they must be reported in Appendix K4, section D of your tax return. If you are using a service like Divly, this will be automated in your K4. Follow the instructions the Divly tax report provides to upload the K4 to Skatteverket or read our guide here.

If it happens that the underlying asset of the NFT is something else that does not fit the category "Other Assets", please consider putting it in K4 section A, B, or C. However, these cases are very rare.

Traded NFTs classified as Personal Use Assets

Any profit from selling a personal-use NFT must be reported in section 7.5 of your income tax return. If you are using Divly, please remove the transactions from Divly to avoid them being calculated as investment assets.

Created NFTs and sold them

If your NFT sale activity classifies as income from hobby, then declare it via Skatteverket's T2 form assuming you made a profit.

Protecting yourself from NFT tax mistakes

NFTs are a new phenomenon when it comes to taxation. Thus, whether you have been trading or selling NFTs as income, it is good practice to submit an Öppet Yrkande when declaring NFT taxes. This reduces the chance that you would need to pay a tax surcharge if you made a mistake.

To submit an “Öppet Yrkande” when declaring your taxes, navigate to 17. Övriga Upplysningar in Skatteverket and write an explanation on how you classified your NFT and how you calculated related taxes.

Further questions or feedback

For more information on NFTs please see Skatteverkets dedicated page on NFTs.

We hope this guide was useful. If you need more information in regards to crypto taxation in Sweden , feel free to read Divly's complete guide to crypto taxation in Sweden.

Any tax-related information provided by us is not tax advice, financial advice, accounting advice, or legal advice and cannot be used by you or any other party for the purpose of avoiding tax penalties. You should seek the advice of a tax professional regarding your particular circumstances. We make no claims, promises, or warranties about the accuracy of the information provided herein. Everything included herein is our opinion and not a statement of fact.