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 Planning
Use the tools in this section to:Tax Topics
Learn the basics about various tax situations and filing requirements.
Important Dates
Date | Event |
January 31,2023 | Forms 1099R and 1099Q are released |
February 15, 2023 | Consolidated 1099 is released |
March 15, 2023 | 1042-S is released |
April 18, 2023 | IRS Tax filing deadline for tax year 2022 |
May 1, 2023 | 5498-ESA is released |
May 31,2023 | 5498 is released |
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.
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