Tax Legal articles

Explore our comprehensive collection of tax legal articles (6 articles)

Tax & Legal

Taxes on Gambling Winnings 2026: Rates, the 90% Loss Cap & What You Owe

How much federal and state tax you pay on gambling winnings in 2026, how the new 90% loss deduction cap creates phantom income, and what records the IRS expects.

Aug 2, 2026 · 8 min

Tax & Legal

Kalshi Taxes 2026: Why There's No 1099-B and How to Track It Yourself

Kalshi does not issue a brokerage 1099-B with cost basis. Learn why manual record-keeping of every contract matters and exactly what to log for tax season.

Jun 10, 2026 · 8 min

Tax & Legal

How to Track Prediction-Market P&L for Tax Season (Polymarket & Kalshi)

A practical manual workflow for tracking Polymarket and Kalshi P&L: what columns to keep, how to reconcile monthly, and how to export for your accountant.

Jun 10, 2026 · 9 min

Tax & Legal

Polymarket Taxes 2026: Tracking Your Wins and Losses Under the New Rules

Polymarket gives you no tax summary, and 2026 loss-deduction rules make complete records matter more than ever. Learn what to track for every position.

Jun 10, 2026 · 9 min

Tax & Legal

How to Calculate Gambling Win Loss for Taxes: Record Keeping Guide

Need to report gambling wins and losses for taxes? Learn how to calculate your gambling results, keep proper records, and understand what documentation you need.

Dec 25, 2025 · 7 min

Tax & Legal

Gambling Tax Records: Complete Guide to IRS Reporting Requirements

Essential guide to gambling tax records and IRS reporting. Learn what to track, how to document wins and losses, W-2G forms, and how proper record keeping can save you thousands on taxes.

Oct 22, 2025 · 15 min