Kalshi does not publish a list of states where it is unavailable, and we found no court order, regulator action or Kalshi notice that stops it from serving Tennessee as of Oct. 22, 2026.
Tennessee has 6 public actions on record that name Kalshi. The latest (Oct. 9, 2026): Kalshi petitioned for panel rehearing and rehearing en banc of the Sixth Circuit decision in the consolidated Ohio and Tennessee appeals.
Federal appeals from Tennessee go to the Sixth Circuit, which ruled for the states on Sept. 25, 2026.
The Sixth Circuit vacated the preliminary injunction and remanded, holding that sports event contracts are not swaps and that the Commodity Exchange Act does not preempt Tennessee's gambling laws.
Judge Trauger granted Kalshi a preliminary injunction against state enforcement, finding the contracts likely swaps and state law likely preempted; the Council itself was dismissed from the case.
The Sports Wagering Council ordered the three platforms to stop offering sports event contracts to Tennesseans, void pending contracts and refund customer deposits by January 31, 2026. The letters cited tiered fines of $10,000 to $25,000 per violation and possible criminal referral.
Kalshi requires legal name, date of birth and a residential address (no commercial addresses or PO boxes) that match a government ID. It asks for a live in-app photo of a driver's license or passport. It may also ask for proof of address, employment information or source of funds. It may request a Social Security number at any point after signup, which it uses for identity verification and tax reporting; an SSN is not required to deposit. (Help articles updated June 30 and August 25, 2026.) Source
Tax forms
Kalshi says users who meet IRS reporting thresholds get Form 1099-INT (interest), 1099-MISC (credits and rewards), 1099-B (proceeds from crypto transfers) and 1099-DA (digital asset reporting from ZeroHash). The forms appear under Tax Info in the Account tab, and some are emailed through Zenwork. Kalshi gives no dollar thresholds or issue dates. Trading profit-and-loss statements are in the documents tab (help article updated June 22, 2026). SourceWhat the platform says it reports; not tax advice.
Kalshi does not publish a list of states where it is unavailable, and we found no court order, regulator action or Kalshi notice that stops it from serving Tennessee as of Oct. 22, 2026. Tennessee has 6 public actions on record that name Kalshi. The latest (Oct. 9, 2026): Kalshi petitioned for panel rehearing and rehearing en banc of the Sixth Circuit decision in the consolidated Ohio and Tennessee appeals. This summarises public actions; it is not legal advice.
Has Tennessee sued Kalshi or ordered it to stop?
Yes. Sept. 25, 2026: The Sixth Circuit vacated the preliminary injunction and remanded, holding that sports event contracts are not swaps and that the Commodity Exchange Act does not preempt Tennessee's gambling laws. Feb. 19, 2026: Judge Trauger granted Kalshi a preliminary injunction against state enforcement, finding the contracts likely swaps and state law likely preempted; the Council itself was dismissed from the case. Jan. 12, 2026: Judge Aleta Trauger granted Kalshi a temporary restraining order, allowing it to keep offering sports contracts in Tennessee. Jan. 9, 2026: The Sports Wagering Council ordered the three platforms to stop offering sports event contracts to Tennesseans, void pending contracts and refund customer deposits by January 31, 2026. The letters cited tiered fines of $10,000 to $25,000 per violation and possible criminal referral.
How old do you have to be to use Kalshi in Tennessee?
18. That is Kalshi's minimum age, and it lists no different rule for Tennessee.
Is sports betting legal in Tennessee?
Legal online. Online-only sports betting since November 1, 2020; no retail sportsbooks; minimum age 21.
Which court will decide whether Tennessee can regulate Kalshi?
Federal appeals from Tennessee go to the Sixth Circuit, which ruled for the states on Sept. 25, 2026. 3 petitions now ask the U.S. Supreme Court to settle the question nationally.