r/Kalshi

▲ 10 r/Kalshi

Taxes

Weird thought here

Since Kalshi Profits are counted and sent through a 1099 form.
Am I able to claim Kalshi losses. For example lets say my 2026 PnL is -5k (it is not) but that -5k is used as a negative gain to offset other self employment ventures?

Bit of a stretch, but just as if I were to invest into stocks and those stocks gave me a negative return on the year, that negative return could offset other incomes and overall lower my taxable income.

So to finally conclude, can Kalshi losses add my overall losses and lower taxable income? Just as Kalshi gains would add to my taxable income.

If anyone knows, thanks for your time

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▲ 26 r/Kalshi

100xdaily really keeps his word

To lose it all, from 13k back to 9.6k in one week, math never lies😭guessing head or tail is always 50/50 in the long run😅

u/Confident-Band-6882 — 1 day ago
▲ 3 r/Kalshi

Need help with resolving an incorrect outcome

Hello, I need help with correcting an outcome that was resolved incorrectly. Now before judging or ignoring, please actually read the situation below.

For the crypto market "XRP price at Aug 17, 2026 at 7pm EDT" I chose Yes (Up) for $0.99991 (see 1st image). The final outcome was $0.9999.

I was unsure regarding the number of decimal places that is used for consideration for resolution of this market. So before engaging in something I don't know, 2 weeks ago I asked about it just to make sure. And I was told by Kalshi/Kalshi AI customer service that up to 4 decimal places are used for contract pricing, settlement values, price fields, expiration value - everything is considered up to 4 decimal places (See 2nd image).

Fast forward to the XRP Aug 17, 2026 at 7pm EDT market, the situation came up. However, as you can see in the 1st image, it was resolved as No.

I contacted customer service for assistance with this, and in the 3rd image, his statements even agree with me. What he said and even the screenshot (4th image) he provided further confirmed that a) The market resolved as Up (Yes) and b) The market resolves based off 4 decimal places for the settlement value and the price to beat, just like I was told by the AI customer service representative. My response to that was met with a seemingly automated response with no resolution. I thought maybe he was busy, so I patiently waited for a day for a response back. However, the chat just ended abruptly.

I understand these markets are automated, but even computers can make mistakes. I have emailed them in the past but it just leads to AI responses (even when asking for human assistance), and it just gets ignored. Customer service representatives treat you like you're always wrong and never attempt to listen to or look at what the problem actually is. I'm always respectful to them and have never been belligerent, cursed anyone out, or anything of thatsort, so I don't understand why they will not fix the issue. I don't think I've done anything wrong. If it was a negligible amount of money I would probably just forget it and let it go. But this is $450+. Have any of you successfully been able to get an incorrect outcome rectified? What can I do to get this issue resolved? Please help!

u/tealeafpansy — 1 day ago
▲ 3 r/Kalshi

My approach to using inflation forecasts on Kalshi

I have been watching CPIs on kalshi and using forecasts for inflation in my work.

I stumbled upon Truflation because of their real time inflation statistics and find their T-1 CPI forecast very interesting as it provides me another estimate that can compare with the estimates priced on kalshi. They now have a forecast for PCE which i am also watching.

When the forecast is clear about something in one direction then i look at other possibilities on the same market rather than just taking a yes position. Sometimes the no part of another outcome will provide me a better expected value.

So far this has been working great for how i trade those markets but still trying out other strategies. Anyone here compares outside CPI forecasts with kalshi prices before they place their bets?

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u/vaderxzz — 1 day ago
▲ 13 r/Kalshi

I want to know the truth. Has anyone made money from Kalshi?

I want to speak to the newer people. Sure the veterans can chime in and give some advice but I want to know the newer people's experience.

Edit: After reading responses. I’m on the fence. Idk whether or not it's worth it. If it's worth making a quick buck which I get it takes time to make money from this. But it's definitely faster in some other ways; it's just how you do it.

Again I’m on the fence. Same goes with Poly Market or whatever it's called.

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u/UrLoyalKnight — 3 days ago
▲ 23 r/Kalshi

I’m never accepting a phone call while I’m actively trading again. Turned away for 30 seconds and lost $250

u/Omaha_Beach — 3 days ago
▲ 0 r/Kalshi

Shadow banned from chat for no good reason?

I know the chat is super toxic but it appears I've been shadow banned on there and for the life of me I have no idea how that's acceptable when I see how people constantly yell at each other and stuff ond fallow gurus for making one good call then yell at them for there own lossess and chocies but it didn't surprise me if someone reported me and didn't like what I said that somehow I get banned from chat. I figured it out when it seems someone said something to me but apparently couldn't see a single reply.

This kinda annoys me cause it makes it look like everyone is ignoring you which I suppose they could well be but that doesn't make sense.. look all I did was try to help someone get some of there loss back due to a glitch they had by telling them how to get though to support and now suddenly all my chats are apparently being cencored. Somone said I was stupid and said I was spamming and that's ridiculous when you look at the BS people say on there. What a good ol little boys club this place is.. I have a feeling I know who reported me. I don't know why I care the chat is super toxic in the bitcoin area at least but I deffently cared about talking on the oil one where it's much more chill.

The other thing I said that no one liked I guess was some ppl complaining that the app is rigged and clearly dosnt understand how a regulated app like this makes its money by telling them that they don't get money from your loss like that.

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u/Joethecoew — 2 days ago
▲ 0 r/Kalshi

Anyone open to partnership?

It’s been a minute since I posted in this community but I am still around, I’ve upgraded my bot a lot since the last time I posted about it and I’m going to admit that It’s been a stressful duration 😂😂. The strategy I use right now is buying at around 67¢-75¢ when market meets my personal requirements and it works perfectly (ofc I get a few losses) but building a fat bankroll with this strategy takes a lil longer. I’ve been analyzing a lot and noticed that buying when the price is cheap pays out way more when the price rises but! It’s a gamble because the price sometimes doesn’t reverse and not every 15 minute session has a panic moment. I see a lot of people buying cheap and losing betting on the market to panic or dip and my biggest obstacle is figuring out the perfect conditions for this strategy (buying cheap and take profits when price jumps) without taking a lot of losses like the other guys. If anyone is willing to help me figure this out I’m more than welcome to help you out with any problems you are facing that I may have already figured out. I will also send you a copy of my bot files for you to build on top of (I’m not stingy 😭 we all tryna have a come up).

u/ZealousidealShift780 — 3 days ago
▲ 3 r/Kalshi

More and more problems of this UI

First, give my live 15 mins btc market last traded price chart!! It’s just completely disappeared in btc 15 mins market.

Second, it’s good that you added the return percentage. So now where is the cost of my position? I need to hand calculate them now by multiplying my shares and average cost? Also, return percentage and the actual live return number, you can only see one of them on my position page, why can’t show both of them like you used to do?? so funny lol.

Third, after I sold part of my position but not completely close it, I can’t see my true P&L anymore, only the past payout amount. I want to see it ALL, the both unrealized return and realized return. Not just the past payout. Let’s be clear, I want my total cost, average cost, return percentage, unrealized return amount and percentage, realized return, all in one clear page like your old UI did.

Fourth, I want to directly to see the last traded price chart from my position page, not clicking into the event and check those spreads one by one. Why do you choose the most inconvenient way to show useful information?

u/Husky1o1 — 2 days ago
▲ 34 r/Kalshi

Lsot 26k in one month

I started betting on kalshi out of curiosity when the world cup started, ads were everywhere and wanted to see how this app work, game after game, loss after another, I always wanted to get my money back and delete it but chasing this loss was so hard until I found myself losing 2k, 3k in seconds now I'm feeling depressed and can't imagine what I'm gonna do I'm 25, I saved this money by working two jobs and sleepless nights, I was thinking to do chargeback with my bank account but I read here yesterday that can be a felony and I don't want take risks anymore. Would love any help on how to get my money back or how to move on anyway. Thank you

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u/Double_Beyond395 — 4 days ago
▲ 2 r/Kalshi

College football Conference winners

Anyone buy yes contracts on college football teams to win their conference last year? If so, does the market price move much during the season based on win/loss record, or a big win? Or does it stay parked at the preseason price until the championship game?

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u/302JB — 2 days ago