I wouldn't suggest taking the position of treating them as gambling winnings and losses. Gambling losses can only be deducted if you itemize your deductions on Schedule A and you can only deduct losses up to the total amount of winnings you report.
If you want it to properly calculate and consider the losses against the Robinhood stock gains, you would have to enter Kalshi in a similar manner as your Robinhood gains and losses.
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