Bipartisan legislation such as the FULL HOUSE Act, attached to the Digital Asset Tax Certainty Act, advanced to a House Ways and Means Committee markup in mid-September 2026, aiming to restore full deductibility of gambling losses against winnings effective for 2026 tax years. The 90% cap originated in the 2025 One Big Beautiful Bill Act as part of reconciliation adjustments to prior tax rules, projected to raise $1.1 billion over a decade. Multiple prior repeal efforts, including the FAIR BET Act, stalled in committee or through procedural blocks amid competing legislative priorities and revenue concerns. With limited floor time remaining in the 119th Congress before December 31, 2026, trader consensus assigns a 57% probability that the cap remains in place through 2026, reflecting the narrow window and historical pattern of delays on targeted tax fixes.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update$72,200 Vol.
$72,200 Vol.
$72,200 Vol.
$72,200 Vol.
To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Binuksan ang Market: Nov 5, 2025, 2:32 PM ET
Resolver
0x65070BE91...To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Resolver
0x65070BE91...Bipartisan legislation such as the FULL HOUSE Act, attached to the Digital Asset Tax Certainty Act, advanced to a House Ways and Means Committee markup in mid-September 2026, aiming to restore full deductibility of gambling losses against winnings effective for 2026 tax years. The 90% cap originated in the 2025 One Big Beautiful Bill Act as part of reconciliation adjustments to prior tax rules, projected to raise $1.1 billion over a decade. Multiple prior repeal efforts, including the FAIR BET Act, stalled in committee or through procedural blocks amid competing legislative priorities and revenue concerns. With limited floor time remaining in the 119th Congress before December 31, 2026, trader consensus assigns a 57% probability that the cap remains in place through 2026, reflecting the narrow window and historical pattern of delays on targeted tax fixes.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update



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