You might be overpaying taxes on your Kalshi trades.
Section 1256 treatment gives you a 60/40 long-term/short-term split on every trade — even day trades. Upload your trade history and see exactly how much each treatment costs you, before you file.
Calculate my tax difference →$49 one-time · Kalshi CSV import · April 15 deadline
Example: $3,200 in Kalshi gains (22% tax bracket)
Illustrative example only — your results will vary.
| Treatment | Tax owed | vs. Ordinary income |
|---|---|---|
| Section 1256 (60/40) | ~$570 | Save ~$134 |
| Gambling income | ~$704 | Same |
| Ordinary income | ~$704 | — |
Section 1256: 60% × $3,200 × 15% LTCG + 40% × $3,200 × 22% ordinary = ~$570. Ordinary / gambling income: $3,200 × 22% = $704. This is not tax advice. Consult a CPA.
Step 1
Import
Upload your Kalshi trade history CSV. We parse and normalize every trade.
Step 2
Compare
See Section 1256, gambling income, and ordinary income side by side with dollar impact.
Step 3
Download
Generate a clean PDF report to share with your CPA. No recommendation included.