The 90% cap on wagering loss deductions under Section 165(d), enacted via the 2025 One Big Beautiful Bill Act and effective for tax years beginning after December 31, 2025, remains in place with no repeal legislation advanced to enactment. Multiple repeal measures, including the FAIR BET Act and bipartisan FULL HOUSE Act, have been introduced with backing from gaming-state lawmakers, yet House Republican leadership blocked floor amendments in early 2026, and the Rules Committee declined to advance related proposals. An IRS hearing in July 2026 featured testimony from affected taxpayers and industry representatives urging restoration of full deductibility up to winnings, while advocacy letters such as UFC President Dana White’s May 2026 correspondence to the administration highlighted downstream effects on legal betting markets. These repeated procedural setbacks, combined with the cap’s role as a revenue offset in reconciliation, have sustained trader consensus that full repeal before the January 1, 2027 resolution date is unlikely absent a major shift in congressional priorities.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jourOui
$71,482 Vol.
$71,482 Vol.
Oui
$71,482 Vol.
$71,482 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.
Marché ouvert : Nov 5, 2025, 2:32 PM ET
Résolveur
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.
Résolveur
0x65070BE91...The 90% cap on wagering loss deductions under Section 165(d), enacted via the 2025 One Big Beautiful Bill Act and effective for tax years beginning after December 31, 2025, remains in place with no repeal legislation advanced to enactment. Multiple repeal measures, including the FAIR BET Act and bipartisan FULL HOUSE Act, have been introduced with backing from gaming-state lawmakers, yet House Republican leadership blocked floor amendments in early 2026, and the Rules Committee declined to advance related proposals. An IRS hearing in July 2026 featured testimony from affected taxpayers and industry representatives urging restoration of full deductibility up to winnings, while advocacy letters such as UFC President Dana White’s May 2026 correspondence to the administration highlighted downstream effects on legal betting markets. These repeated procedural setbacks, combined with the cap’s role as a revenue offset in reconciliation, have sustained trader consensus that full repeal before the January 1, 2027 resolution date is unlikely absent a major shift in congressional priorities.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jour



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