Recently I noticed IBKR launched ForecastEx contracts, which allow you to "hedge" events like the presidential election.
If you trade these contracts and take a loss, would these be considered a capital loss (with all the carryover rules), or a gambling loss (only deductible up to your winnings in a year)?
Submitted October 14, 2024 at 01:55AM by Chuu https://ift.tt/aR1mBsP