Event contract taxes, reports, and statements

Your event contract activity is tracked across your account's transaction history, and your gains and losses are reported on your annual statement.

Finding your event contract profit and loss

To view your event contract P&L:

  1. Go to Investing
  2. Select Realized profit & loss
  3. Select Prediction markets from the dropdown

Keep in mind that this view doesn't include fees.

How P&L is calculated

For positions you closed before expiration, your P&L is the difference between your sale proceeds and your purchase cost. For positions held to settlement, your P&L is either $1 per contract (if your outcome was correct) or $0 per contract (if it wasn't), minus your purchase cost.

Time period summaries

You can view 1W, 1M, 3M, YTD, and MAX time period contract performance in the P&L section. These figures reflect settled and closed positions within the selected time period. They may not exactly match your broker statement due to the timing of settlements.

Reviewing your transaction history

To view individual event contract transactions:

  1. Go to Account
  2. Select History
  3. Filter by Event contracts

This view shows all trades, payouts, and fees.

Why the P&L may differ from your own calculation

Several factors can cause the P&L that’s shown in the app or on the statement to differ from what you calculated:

  • Fees: Robinhood charges $0.01 per contract and exchanges typically charge ~$0.01 per contract. Fees apply to both opening and closing trades.
  • Partial fills: Only the filled portion of your order affects your P&L
  • Settlement timing: Gains and losses from recently closed or settled contracts may not reflect in your account balance until the next business day
  • Sub-penny pricing and rounding: Sub-penny execution prices can produce small differences vs. round-number estimates

Your annual statement is the authoritative record of all costs, proceeds, and net P&L for the year.

Annual statements

You'll receive an event contracts annual statement after the end of each calendar year, typically in late January or early February. The statement includes a detailed view of all event contracts you traded during the year:

  • Individual event contract transactions
  • Closing dates
  • Costs
  • Proceeds
  • Fees and commissions
  • Net profits and losses

To access your annual statement, go to Account, select Reports and statements, then navigate to Annual reports.

Note

The annual statement is not a substitute tax reporting form. Consult with a qualified tax professional for guidance on how to use this information on your tax return.

Taxes

The IRS hasn't issued specific guidance on the tax implications of trading event contracts. As a result:

  • Event contract trades aren't reported to the IRS by Robinhood
  • Robinhood doesn't provide a 1099 for event contract trades
  • Taxes related to event contracts are your sole responsibility, including reporting on your personal tax return

Robinhood doesn't provide tax advice. Consult a qualified tax professional for guidance on reporting your trades and understanding the tax treatment or implications.

Robinhood adheres to all applicable tax reporting rules and regulations, which are subject to change. If the IRS issues guidance or specific regulations covering event contract reporting, we'll respond accordingly to ensure compliance.

Disclosures

Restrictions and eligibility requirements apply. Futures, options on futures, and cleared swaps trading involves significant risk and is not appropriate for everyone. Carefully consider if it's appropriate for you in light of your personal financial circumstances. Displayed prices are based on real-time market sentiment.

Read the Event Contracts Risk Disclosure for more information about the risks associated with event contracts.

Futures, options on futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and Member of National Futures Association (NFA). Event contracts are offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC or Rothera Exchange and Clearing LLC.

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Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). While there is no additional cost to use Robinhood Legend, there are other fees associated with your brokerage account. Review the fee schedule for details.

Portfolio Management offered through Robinhood Asset Management, LLC (“Robinhood Strategies” or “RAM”), an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about services, fees, risks, and conflicts of interest, review our firm’s brochure.

Futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

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RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). While there is no additional cost to use Robinhood Legend, there are other fees associated with your brokerage account. Review the fee schedule for details.

Portfolio Management offered through Robinhood Asset Management, LLC (“Robinhood Strategies” or “RAM”), an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about services, fees, risks, and conflicts of interest, review our firm’s brochure.

Futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

The Robinhood spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Robinhood Gold Card is subject to credit approval and underwriting. Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Funds held in your Robinhood Cash Card account at Sutton Bank are eligible for FDIC insurance up to $250,000 and will not accrue or pay any interest. The availability of FDIC insurance is contingent upon Robinhood maintaining records acceptable to the FDIC, as receiver, if Sutton Bank should fail. FDIC insurance limits apply collectively to all of your deposits held at Sutton Bank.

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

4784959

Robinhood, 85 Willow Road, Menlo Park, CA 94025. © 2026 Robinhood. All rights reserved.