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How to Calculate 2025 Net Winnings for Tax Purposes

Updated over 3 months ago

If you’re preparing for your tax form and need to understand how your net winnings are calculated, follow these steps:

  1. Date Range for Calculation
    The calculation for your 2025 net winnings will look at all transactions between January 1, 2025, and December 31, 2025.

  2. Recalculation in January
    We will recalculate your net winnings in January 2025, ensuring that all transactions up to the end of 2024 are reflected in your tax form.

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