Tax Center

Taxation Overview

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 and 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 Topics

Learn the basics about various tax situations and filing requirements.
Important Dates
Date Event
January 31, 2020 Forms 1099R and 1099 Q are released
February 15, 2020 Combined 1099 is released
July 15, 2020 IRS Tax filing deadline for tax year 2019
July 15, 2020 2019 Traditional & Roth IRA contribution deadline
Contribution limits


Below 50 yrs. old:   $6,000
50 yrs. and older:   $7,000


Below 50 yrs. old:   $6,000
50 yrs. and older:   $7,000

For more details, please visit the IRS website regarding contribution limits.

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Save Up To $15 on TurboTax® with a Firstrade discount. You can import account information into the software directly.

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Automate your account's tax reporting. Track capital gains, cost basis, losses and wash sales while generating IRS forms.