WagerMintsFanDuel Predicts Taxes (2026)
FanDuel Predicts trades are event contracts on CFTC-regulated exchanges, taxed differently from FanDuel sportsbook bets, and FanDuel hasn't published how it reports them, so keep your own trade list and check your tax documents.
Checked October 26, 2026 against FanDuel Predicts’s own help pages.
FanDuel Predicts at a glance
- At tax time
- Not the sportsbook. Sports contracts come from Crypto.com, financial ones from CME.
- Exchange
- CFTC-regulated
- 60/40 method
- Can be argued
Tax forms
What does FanDuel Predicts send at tax time?
- FanDuel hasn't published which form, if any, covers Predicts trades.
- FanDuel sportsbook winnings are gambling winnings and can come with a W-2G. Keep the two apart on your return.
Who runs it
Who runs FanDuel Predicts's markets?
FanDuel Predicts is a futures commission merchant owned with CME Group. As of October 2026 its sports and other non-financial contracts come from Crypto.com's exchange and its financial contracts from CME. All are CFTC-regulated.
That matters for one of the four methods. Section 1256, the 60/40 split, can only be argued for contracts traded on a CFTC-designated exchange. These are, so the 60/40 method is on the table. No court or IRS ruling has settled whether it applies to event contracts. How the 60/40 rule works.
How to report
How do you report FanDuel Predicts trades?
| Method | Where it goes |
|---|---|
| Capital gains | Form 8949 and Schedule D. Box C or F under capital gains treatment. |
| Ordinary income | Schedule 1, line 8z, as one net figure |
| Gambling | Winnings on Schedule 1, line 8b; losses on Schedule A, only if you itemize |
| Section 1256 (60/40) | Form 6781, then Schedule D |
Step by step, including TurboTax: how to report prediction market trades. What each method costs: prediction market taxes, explained.
Trade history
Where is your FanDuel Predicts trade history?
Your FanDuel Predicts account statements and trade history. Keep it with your return: with no form showing your trading profit, it's your record if the IRS asks.
More on FanDuel Predicts: Sports betting taxes.
Questions
Questions about FanDuel Predicts
- Does FanDuel Predicts send a 1099 for prediction markets?
- FanDuel hasn't published which form, if any, covers Predicts trades.
- How are FanDuel Predicts prediction market trades taxed?
- FanDuel Predicts trades are event contracts on CFTC-regulated exchanges, taxed differently from FanDuel sportsbook bets, and FanDuel hasn't published how it reports them, so keep your own trade list and check your tax documents. FanDuel Predicts is a futures commission merchant owned with CME Group. As of October 2026 its sports and other non-financial contracts come from Crypto.com's exchange and its financial contracts from CME. All are CFTC-regulated.
- Can I use the 60/40 rule for FanDuel Predicts trades?
- It can be argued, because the contracts trade on a CFTC-designated exchange. No court or IRS ruling has settled whether Section 1256 applies to event contracts.
Other platforms: Kalshi, Polymarket, Robinhood, Coinbase, Crypto.com, Webull, Interactive Brokers (ForecastTrader), DraftKings Predictions, Novig, PredictIt. All platforms side by side.
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