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Finance & Markets

Financial Services Roundup: Market Talk

Find insight on Societe Generale, BBVA, Prudential PLC and more in the latest Market Talks covering Financial Services.

Financial Services Roundup: Market Talk

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How Prediction Market Taxes Work in 2026: Kalshi, Polymarket & IRS Rules

Prediction markets have exploded in popularity over the past two years, with platforms like Kalshi, Polymarket, and Robinhood attracting millions of traders betting on everything from election…

  • IRS has no definitive tax classification for prediction market gains/losses in 2026
  • Traders face up to four possible tax treatments based on specific circumstances
  • Lack of IRS guidance and inconsistent platform reporting creates tax complexity

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