I received a consolidated 1099 from Robinhood that reports my capital gains. I also had capital losses from trading on Kalshi and Robinhood.
How do I enter the Kalshi losses in TurboTax so they properly offset the capital gains reported on my Robinhood 1099 (I think there is a $3k cap on losses ..) ?
Also, is the Robinhood consolidated 1099 supposed to include losses from their prediction market trades, or are those reported separately? If they are not included, where and how should I enter those losses in TurboTax?
Thanks in advance for any guidance.
