Prediction markets can't wait for regulatory certainty to establish their tax infrastructure. Next season is closer than it seems.
The IRS doesn't pause while the regulatory framework catches up. Nutshell provides the cost basis calculations, 1099 generation, and filing infrastructure prediction market platforms need to meet their obligations now — and the documentation to back up the decisions they make along the way.
Book a Demo
Last tax season exposed the gap.
Prediction market platforms that hadn't invested in real tax infrastructure found out what that meant in practice: judgment calls on form type, errors in forms that had already gone out, user complaints, correction filings.
The regulatory ambiguity around prediction markets is real, but the IRS deadlines aren't ambiguous — and improvising gets harder as platforms grow.
Legacy tax vendors were built for traditional securities. They weren't designed for the transaction structures, asset types, or new regulations that prediction market platforms deal with. Building it internally has the same problem; the edge cases multiply quickly.
01
02
03
04
Form type ambiguity
Judgment calls on whether to use 1099-MISC, 1099-B, or the new 1099-DA with no vendor guidance to fall back on.
High-volume edge cases
Prediction markets generate complex, high-frequency transaction records that off-the-shelf tools simply weren't built to handle.
Correction filing risk
Forms that go out with errors need correction filings — a costly, time-consuming process that damages user trust.
Next season is closer than it seems
Forms that go out with errors need correction filings — a costly, time-consuming process that damages user trust.
End-to-end tax infrastructure for prediction market platforms
From raw transaction records to filed forms — Nutshell handles the full sequence so your team isn't managing pieces of a process across multiple vendors.
Cost Basis Calculation
From raw transaction records — including high-volume, complex transaction histories with the edge cases prediction market structures create.
1099 Generation & IRS Direct Filing
Including consolidated recipient forms at scale. We handle 1099-B, 1099-DA, 1099-MISC, 1099-NEC, and others as guidance evolves.
TIN Validation & State-Level Filing
B-Notice remediation workflows and state-level filing where required — built into the platform, not bolted on after the fact.
TIN Validation & State-Level Filing
B-Notice remediation workflows and state-level filing where required — built into the platform, not bolted on after the fact.
Participant-Facing Delivery
Customizable tax documents with your brand, your compliance language, and secure digital delivery to participants.
Participant-Facing Delivery
Customizable tax documents with your brand, your compliance language, and secure digital delivery to participants.
Audit Controls & Manual Review
Every document generation, delivery, and archival event is logged, searchable, and non-repudiable. Built in — not added on after the fact.
Audit Controls & Manual Review
Every document generation, delivery, and archival event is logged, searchable, and non-repudiable. Built in — not added on after the fact.
Regulatory Change Absorption
When IRS guidance shifts, Nutshell absorbs it for you. Your team doesn't rebuild — you just stay compliant.
Regulatory Change Absorption
When IRS guidance shifts, Nutshell absorbs it for you. Your team doesn't rebuild — you just stay compliant.
Learn More
Built for non-traditional assets and wherever they're heading.
Better infrastructure. More flexibility. Without the legacy price tag or the homegrown headaches.
01
Built for
non-traditional assets
Legacy tax vendors were designed for equities. Prediction market transaction structures are a different problem — high-volume, complex, and full of edge cases that off-the-shelf solutions weren't built to handle.
02
Expertise in an
ambiguous space
No definitive IRS guidance means every platform is making judgment calls. We work with our tax and regulatory advisors to make sure those calls are informed and documented.
03
From raw data
to filed forms
Send us your raw transaction records. We handle everything downstream — cost basis calculations, document generation, IRS filing, and participant delivery — so your team isn't managing pieces of a process across multiple vendors.
Prediction markets can't wait for regulatory certainty to establish their tax infrastructure. Next season is closer than it seems.
The IRS doesn't pause while the regulatory framework catches up. Nutshell provides the cost basis calculations, 1099 generation, and filing infrastructure prediction market platforms need to meet their obligations now — and the documentation to back up the decisions they make along the way.
Book a Demo
Last tax season exposed the gap.
Prediction market platforms that hadn't invested in real tax infrastructure found out what that meant in practice: judgment calls on form type, errors in forms that had already gone out, user complaints, correction filings.
The regulatory ambiguity around prediction markets is real, but the IRS deadlines aren't ambiguous — and improvising gets harder as platforms grow.
Legacy tax vendors were built for traditional securities. They weren't designed for the transaction structures, asset types, or new regulations that prediction market platforms deal with. Building it internally has the same problem; the edge cases multiply quickly.
01
02
03
04
Form type ambiguity
Judgment calls on whether to use 1099-MISC, 1099-B, or the new 1099-DA with no vendor guidance to fall back on.
High-volume edge cases
Prediction markets generate complex, high-frequency transaction records that off-the-shelf tools simply weren't built to handle.
Correction filing risk
Forms that go out with errors need correction filings — a costly, time-consuming process that damages user trust.
Next season is closer than it seems
Forms that go out with errors need correction filings — a costly, time-consuming process that damages user trust.
End-to-end tax infrastructure for prediction market platforms
From raw transaction records to filed forms — Nutshell handles the full sequence so your team isn't managing pieces of a process across multiple vendors.
Cost Basis Calculation
From raw transaction records — including high-volume, complex transaction histories with the edge cases prediction market structures create.
1099 Generation & IRS Direct Filing
Including consolidated recipient forms at scale. We handle 1099-B, 1099-DA, 1099-MISC, 1099-NEC, and others as guidance evolves.
TIN Validation & State-Level Filing
B-Notice remediation workflows and state-level filing where required — built into the platform, not bolted on after the fact.
Participant-Facing Delivery
Customizable tax documents with your brand, your compliance language, and secure digital delivery to participants.
Audit Controls & Manual Review
Every document generation, delivery, and archival event is logged, searchable, and non-repudiable. Built in — not added on after the fact.
Regulatory Change Absorption
When IRS guidance shifts, Nutshell absorbs it for you. Your team doesn't rebuild — you just stay compliant.
Learn More
Built for non-traditional assets and wherever they're heading.
Better infrastructure. More flexibility. Without the legacy price tag or the homegrown headaches.
01
Built for non-traditional assets
Legacy tax vendors were designed for equities. Prediction market transaction structures are a different problem — high-volume, complex, and full of edge cases that off-the-shelf solutions weren't built to handle.
02
Expertise in an ambiguous space
No definitive IRS guidance means every platform is making judgment calls. We work with our tax and regulatory advisors to make sure those calls are informed and documented.
03
From raw data to filed forms
Send us your raw transaction records. We handle everything downstream — cost basis calculations, document generation, IRS filing, and participant delivery — so your team isn't managing pieces of a process across multiple vendors.
Prediction markets can't wait for regulatory certainty to establish their tax infrastructure. Next season is closer than it seems.
The IRS doesn't pause while the regulatory framework catches up. Nutshell provides the cost basis calculations, 1099 generation, and filing infrastructure prediction market platforms need to meet their obligations now — and the documentation to back up the decisions they make along the way.
Book a Demo
Last tax season exposed the gap.
Prediction market platforms that hadn't invested in real tax infrastructure found out what that meant in practice: judgment calls on form type, errors in forms that had already gone out, user complaints, correction filings.
The regulatory ambiguity around prediction markets is real, but the IRS deadlines aren't ambiguous — and improvising gets harder as platforms grow.
Legacy tax vendors were built for traditional securities. They weren't designed for the transaction structures, asset types, or new regulations that prediction market platforms deal with. Building it internally has the same problem; the edge cases multiply quickly.
Form type ambiguity
Judgment calls on whether to use 1099-MISC, 1099-B, or the new 1099-DA with no vendor guidance to fall back on.
High-volume edge cases
Prediction markets generate complex, high-frequency transaction records that off-the-shelf tools simply weren't built to handle.
Correction filing risk
Forms that go out with errors need correction filings — a costly, time-consuming process that damages user trust.
Next season is closer than it seems
Forms that go out with errors need correction filings — a costly, time-consuming process that damages user trust.
End-to-end tax infrastructure for prediction market platforms
From raw transaction records to filed forms — Nutshell handles the full sequence so your team isn't managing pieces of a process across multiple vendors.
Cost Basis Calculation
From raw transaction records — including high-volume, complex transaction histories with the edge cases prediction market structures create.
1099 Generation & IRS Direct Filing
Including consolidated recipient forms at scale. We handle 1099-B, 1099-DA, 1099-MISC, 1099-NEC, and others as guidance evolves.
TIN Validation & State-Level Filing
B-Notice remediation workflows and state-level filing where required — built into the platform, not bolted on after the fact.
TIN Validation & State-Level Filing
B-Notice remediation workflows and state-level filing where required — built into the platform, not bolted on after the fact.
Participant-Facing Delivery
Customizable tax documents with your brand, your compliance language, and secure digital delivery to participants.
Participant-Facing Delivery
Customizable tax documents with your brand, your compliance language, and secure digital delivery to participants.
Audit Controls & Manual Review
Every document generation, delivery, and archival event is logged, searchable, and non-repudiable. Built in — not added on after the fact.
Audit Controls & Manual Review
Every document generation, delivery, and archival event is logged, searchable, and non-repudiable. Built in — not added on after the fact.
Regulatory Change Absorption
When IRS guidance shifts, Nutshell absorbs it for you. Your team doesn't rebuild — you just stay compliant.
Regulatory Change Absorption
When IRS guidance shifts, Nutshell absorbs it for you. Your team doesn't rebuild — you just stay compliant.
Learn More
Built for non-traditional assets and wherever they're heading.
Better infrastructure. More flexibility. Without the legacy price tag or the homegrown headaches.
01
Built for non-traditional assets
Legacy tax vendors were designed for equities. Prediction market transaction structures are a different problem — high-volume, complex, and full of edge cases that off-the-shelf solutions weren't built to handle.
02
Expertise in an ambiguous space
No definitive IRS guidance means every platform is making judgment calls. We work with our tax and regulatory advisors to make sure those calls are informed and documented.
03
From raw data to filed forms
Send us your raw transaction records. We handle everything downstream — cost basis calculations, document generation, IRS filing, and participant delivery — so your team isn't managing pieces of a process across multiple vendors.
Stop Building Legacy. Start Scaling.
We know the high stakes of compliance. Let us help you move from legacy risk to cloud-native certainty.
Book a Demo
Nutshell Labs
©2026 Nutshell Labs. All rights reserved.
Stop Building Legacy. Start Scaling.
We know the high stakes of compliance. Let us help you move from legacy risk to cloud-native certainty.
Book a Demo
Nutshell Labs
©2026 Nutshell Labs. All rights reserved.
Stop Building Legacy. Start Scaling.
We know the high stakes of compliance. Let us help you move from legacy risk to cloud-native certainty.
Book a Demo
Nutshell Labs
©2026 Nutshell Labs. All rights reserved.