Personal Finance (Not Investing) • Taxes on Robinhood Prez Election Contracts

So i bought a future contracts on who's going to win the presidential election on Robinhood. If I picked correctly, how will my winnings be taxed. If I lose, can I write it off?

Does this "contract" get taxed like a stock?

Thanks

Statistics: Posted by stungerz — Mon Nov 04, 2024 10:50 pm — Replies 1 — Views 235

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