Perpetual Futures Funding Payments
The tax treatment of funding, Section 1256, deductions, and the unresolved legal questions
Blog
Do Perpetual Futures Qualify for Section 1256?
Whether perpetual futures qualify for Section 1256 depends on the contract, the swap exclusion, and the venue. No published IRS rule covers every product.
What Are Perpetual Futures?
What perpetual futures are, how funding, margin, and liquidation work, and why the tax and accounting result depends on the contract.
Single Stock Perpetual Futures Taxes
How single-stock perpetual futures are taxed under Sections 1234B and 1256, including the securities-futures exclusion, the dealer exception, funding, and broker reporting.
How to Evaluate a Crypto CPA for a Complex Digital Asset Portfolio
What to Look for in a CPA for Complex Cryptocurrency Tax and Accounting Needs
Phantom Prediction Market Taxes: Kalshi & Crypto
How Phantom’s Kalshi integration affects cryptocurrency funding, event-contract records, outcome-token settlement and federal taxation.
Gemini Predictions: Taxes, IRS Reporting & Records
How Gemini Predictions event contracts, transaction records and tax documents affect federal tax reporting.
DraftKings Predictions Taxes, IRS Reporting & Fees
How DraftKings Predictions differs from Sportsbook and what its contracts, trading records, fees and federal tax reporting require.
Polymarket US Taxes: 1099-B, IRS Reporting & Tax Treatment
How Polymarket US contracts, account records and federal tax reporting differ from Polymarket.com’s on-chain platform.
Should You Reconstruct Your Crypto Cost Basis Before Selling a Large Position?
Quick Answer When to reconstruct cost basis first: If you cannot produce a reliable tax […]
