About BetTaxCalc
BetTaxCalc provides free, accurate sports betting and gambling tax calculators for every US state. We built this site because the 2026 OBBBA tax law changes made gambling taxes significantly more complex, and no existing tool properly handled the new 90% loss deduction cap, phantom income calculations, or the updated W-2G thresholds.
Our Mission
We believe every sports bettor deserves to understand their tax obligations before, during, and after placing bets. Our calculators are designed to be the most accurate, comprehensive, and up-to-date tools available, covering federal taxes, all 50 states plus DC, and the latest 2026 tax law changes.
What We Offer
- ✓Sports Betting Tax Calculator — Federal + state tax estimates for all 50 states + DC
- ✓Parlay Tax Calculator — The only calculator showing after-tax parlay payouts
- ✓Phantom Income Calculator — OBBBA 90% cap impact estimator
- ✓W-2G Checker — Updated for the new 2026 $2,000 threshold
- ✓Daily Wins — Notable sports betting wins with automatic tax breakdowns
Our Data Sources
All tax calculations are based on official sources:
- Federal tax brackets: IRS Revenue Procedure 2025-32
- OBBBA provisions: H.R. 1, 119th Congress, Section 70114
- W-2G thresholds: IRS Instructions for Forms W-2G (Rev. January 2026)
- State tax rates: Individual state revenue department websites
For a detailed explanation of how our calculators work, see our Methodology page.
Important Disclaimer
BetTaxCalc provides tax estimates for informational and educational purposes only. We are not a tax advisory firm, CPA practice, or law office. Our calculators produce estimates based on publicly available tax rates and rules. They are not a substitute for professional tax advice. Always consult a qualified CPA, enrolled agent, or tax attorney for advice specific to your situation.
Contact
For questions, corrections, or partnership inquiries, contact us at contact@bettaxcalc.com.