Tax ComparisonFebruary 4, 20258 min read
Polymarket vs Kalshi Taxes: Form 8949 vs Section 1256
See how Polymarket and Kalshi trades are taxed, when Section 1256 applies, and how to file both on your 2025 return.
Read moreExpert guides and resources for Polymarket tax reporting and compliance
See how Polymarket and Kalshi trades are taxed, when Section 1256 applies, and how to file both on your 2025 return.
Read moreBreak down what Polymarket’s CFTC settlement means for U.S. traders, and why Form 8949 is still required.
Read moreLearn how to use a Polymarket tax calculator to accurately compute your prediction market taxes. Step-by-step guide with calculation examples and tips.
Read moreLearn exactly how the IRS treats Polymarket prediction market winnings, including tax rates, reporting requirements, and important deadlines for 2025.
Read moreDetailed walkthrough on completing Form 8949 for your Polymarket trades, including examples and common pitfalls to avoid.
Read moreAvoid costly errors when reporting Polymarket income. Learn from the most common mistakes traders make and how to file correctly.
Read moreStrategic tax planning tips for Polymarket traders to minimize tax liability and prepare for the upcoming tax season.
Read moreUnderstanding how prediction market taxes differ from traditional gambling taxes and why it matters for your tax return.
Read moreUse PolyTax to automatically generate IRS-compliant Form 8949 and Schedule D for all your Polymarket trades.
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