Cap on gambling loss deductions repealed before 2027?
As of 06:08 UTC on 4 Nov 2026, Polymarket prices “Cap on gambling loss deductions repealed before 2027?” at 24% (-1pp in 24h). The market has $41 in Polymarket-reported 24-hour volume. pdata.world compares it with 23 related events on Kalshi, Polymarket, Predict, Limitless and Manifold.
This market will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". 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.
