So like many traders I am sitting down to prepare my 2015 taxes. I see in other threads here that PredictIt issues a 1099-MISC form to anyone who made more than $600 in 2015 calendar year. What do the rest of us do? Is there a function somewhere on the site that generates a report for us? Or do we have to go and add up all our wins and losses (tedious!) from last year and subtract out commissions and (I gather) the eventual 5% withdrawal fee manually?
Just don't claim it
Is it really fine to just not claim it on your taxes? It's still income, right? Isn't it supposed to be reported then?