For market makers, quant desks and high-volume traders
For market makers and quant desks: one team for your books, your taxes and your entity. Our team runs the work, and our licensed CPAs handle the filing and the tax questions, with every fill from every venue already in front of them.
Kalshi
Polymarket US
NovigRead-only accessSports is 64% of the book, and sports contracts are being argued as gambling in this trader’s state.
Meet us at Predict 2026, December 7–9. Catch our main-stage panel on filing prediction-market taxes, or book time with the team.
Why it’s harder for you
Three gaps, each one structural. None of them closes on its own.
Kalshi sends up to four 1099s, and none of them reports profit or loss on event contracts. The numbers have to be rebuilt from the fills.
Source: Kalshi’s help centerPrediction markets have no ruling of their own, and what you traded matters. A sports-heavy book faces different questions than a crypto-heavy one.
Most CPAs have never filed an event contract. Our licensed CPAs do it every day, for traders at your volume.
Where the hours go
Everything that doesn’t need a license is done before our CPA opens your file.
Your retainer includes our CPAs, so their time goes to the decisions that need one.
Our process
We handle everything that doesn’t need a CPA, so your hour with one goes to strategy.
The CPA report
Built for the person signing your return: what you traded, where the open questions are, and what adds work.
Each category against the three most common ways people file, with the legal questions in your state.
| Category | Share | Section 1256 (60/40) | Standard capital | Gambling |
|---|---|---|---|---|
| Sports | 64% | Being litigated | Being litigated | No guidance yet |
| Crypto | 14% | No guidance yet | No guidance yet | Clear rule |
| Politics | 12% | No guidance yet | No guidance yet | No guidance yet |
| Economics | 10% | No guidance yet | No guidance yet | Clear rule |
Illustrative, for a trader in a state with active litigation. Our CPAs decide with you.
Why our CPAs
When the rules haven’t caught up, how you reached your position matters as much as the number you filed.
Our licensed CPAs sign your return.
Your CPA writes down how your contracts were treated and why. A filing with its reasoning on hand stands on firmer ground than one without.
Relying in good faith on advice from a qualified professional can be grounds for relief from accuracy-related penalties. Disclosing an uncertain position can also reduce them.
CPAs and tax attorneys can represent you before the IRS. If a letter arrives, the person who prepared your return answers it.
Who we work with
Pick one to load its book into the report above. Figures are illustrative.
Quoting across venues
Tens of thousands of trades, a business entity, often staff. Year one means an entity return and a personal one.
One category, deep
Concentrated books, like crypto contracts, where the open questions are specific to what you trade.
Growing into a business
Trading personally at a size where an entity and a CPA start to make sense.
Dates coming up
Our licensed CPAs confirm your dates; they shift for weekends, holidays and fiscal years.
Questions
Something we haven’t covered? Talk to our team and we’ll answer it on the call.
No. Realize is your team: we run the work and stay your point of contact all year. Our licensed CPAs review, advise and sign your return, with your full trading history in front of them.
Talk to a tax expert
Tell us how you trade. We’ll set up a 30-minute call with our team about your books and what you need.
Book a call30 minutes · with our team
Your details go to our team only. No trading data is asked for here.