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Patrick Camuso, CPA

Patrick Camuso, CPA

Prediction Markets and the Tax Classification Question: A Framework for Investors and Their AdvisorsPrediction Markets and the Tax Classification Question: A Framework for Investors and Their Advisors
Blog
20
 
Mar
 
2026
Prediction Markets and the Tax Classification Question: A Framework for Investors and Their Advisors

Prediction market profits are taxable under U.S. law, but which tax framework applies depends on the specific contract and platform. This article explains what traders face at filing time and the right analytical starting point.

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3/20/2026
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