Tax Info

Users who hit certain reporting thresholds as defined by the IRS will receive the following documentation from Kalshi.

1099-INT - contains interest payments from Kalshi

1099-MISC - contains credit/rewards from Kalshi

1099-B - contains transaction proceeds from broker transactions (crypto transfers)

• We use the FIFO (First-In-First-Out) accounting method to compute profits and losses.

• Your trading activity information, segmented by year, is updated monthly. The Profit and Loss (PnL) figure includes fees and any rebates. Note that a mid-month PnL review may not reflect the latest data, as updates occur on the first morning of each month.

• This information and the information included in the P&L are not tax advice, and Kalshi cannot give members advice on their taxes. It is intended as a tool to assist members, but as always, each member should consult with a tax professional for any questions and is responsible for ensuring the accuracy of all returns.

You can find this info in the Account tab under the Tax Info page.

Referral FAQs