Tax Center
Tax Center
Buying and selling securities may be simple, but it takes time and research to understand how to report your transactions for tax purposes and how to factor potential tax liabilities into your investment strategy. Discover Firstrade's tax resources today!
Statements & Forms
Need help reading your Firstrade statements? You’ll
find everything you need here, along with mailing date
information and links to your tax forms.
Tax Planning
Use the tools in this section to:
Tax Topics
Learn the basics about various tax situations and
filing requirements.
| Forms 1099R and 1099Q are released | January 31, 2023 |
| Consolidated 1099 is released | February 15, 2023 |
| 1042-S is released | March 15, 2023 |
| IRS Tax filing deadline for tax year 2022 | April 18, 2023 |
| 5498-ESA is released | May 1, 2023 |
| 5498 is released | May 31, 2023 |
Contribution Limits
2023
- Below 50 yrs old:
- $6,500
- 50 yrs and older:
- $7,500
2022
- Below 50 yrs old:
- $6,000
- 50 yrs and older:
- $7,000
*For more details, please visit the
IRS website
regarding contribution limits.
Save Up To $15 on TurboTax®
with a Firstrade discount. You can import account
information into the software directly.
Firstrade Tax Tools Provided by GainsKeeper
Automate your account’s tax reporting. Track capital
gains, cost basis, losses and wash sales while
generating IRS forms.
Questions?
