Will the cap on gambling loss deduction be changed?

As of Fri, 06 Nov 2026 10:35:17 UTC, Kalshi traders price Before Jan 1, 2029 (55.0%), Before Jan 1, 2028 (48.0%), Before Sep 1, 2027 (40.0%). The market has $3.2M in volume and closes on Fri, 01 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
Before Jan 1, 202955.0%55.0¢45.0¢
Before Jan 1, 202848.0%48.0¢52.0¢
Before Sep 1, 202740.0%40.0¢60.0¢
Before Apr 1, 202723.0%23.0¢77.0¢
Before Jan 1, 202710.0%10.0¢90.0¢

Market details

Sources

Related markets

DOXA is a liquidity aggregator for prediction markets that compares odds and depth across Polymarket, Kalshi and others and routes each trade for best execution with an AI assistant.