Will the cap on gambling loss deduction be changed?

Will the cap on gambling loss deduction be changed? — Before Jan 1, 2028

51% chance

Yes51%

Buy Yes53¢no fee

No49%

Buy No52¢no fee

Resolves: Jan 1, 2027
Volume: $5.1K
24h: $9

Listed on 1 venue

Chance over time

Yes price, by venue

Polymarket USCFTC-regulated

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Signals

Quiet market: no big moves or venue gaps in the last 24 hours.

Every venue’s price

1 venue

Chance

Best

Yes51%—53¢

53¢no fee

No50%—52¢

52¢no fee

Each share pays $1 if it’s right. Green marks the cheapest venue after fees; every price opens that venue’s market.

Before you trade

Fee Impact at These Prices

Kalshiat 53¢: exit costs ~0¢/contract on a 1-contract order, rounded up to 1¢

Full calculator

How each venue settles it

Kalshi

If a bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") has become law after Issuance and before Jan 1, 2028, then the market resolves to Yes.

Full rules on Kalshi ↗

About this market

Category: Politics
Event: Will the cap on gambling loss deduction be changed?
Resolves: Fri, January 1, 2027