Kalshi tax documents
Kalshi describes the documents and account reports it currently provides. Availability and reporting thresholds can change.
Open Kalshi HelpEditorial review
Kalshi tax material is being rechecked.
Earlier tax articles made claims that require stronger legal and tax sourcing. This hub and those articles are excluded from search until they are rewritten. Do not use legacy Kalshi View pages to choose a tax classification or filing position.
Use current primary sources
IRS Form 1099-B
Use the current IRS form page and instructions as a primary reference. The form instructions alone do not decide how a particular Kalshi contract should be classified.
Open IRS Form 1099-BProfessional advice
Ask a qualified tax professional to evaluate your facts, forms, jurisdiction, and current law. Kalshi View does not provide tax advice.
Records to gather before professional review
- Every settled contract: ticker, side, quantity, entry price, exit or settlement price, and date.
- Transaction fees, because they can affect basis and realized P&L math.
- Deposits and withdrawals, not as taxable events by themselves, but as reconciliation checks.
- Annual tax forms from Kalshi plus exported account statements.
- Any correspondence or source document that explains how a payment or adjustment was characterized.
What this page does not decide
This page does not decide whether a contract is a Section 1256 contract, whether an amount is capital or ordinary, whether a loss is deductible, or which form and schedule you should file. Those questions depend on current law and individual facts.
Editorial status
The Kalshi View Editorial Team will restore tax guides only after claim-level review against current primary sources and qualified professional input.
Educational only. This is not tax, legal, or financial advice. Kalshi View is independent and is not affiliated with Kalshi Inc.