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 |
February 1, 2021 | Forms 1099R and 1099Q are released |
February 16, 2021 | Consolidated 1099 is released |
March 18, 2021 | 1042-S is released |
May 17, 2021 | IRS Tax filing deadline for tax year 2020 |
April 30, 2021 | 5498-ESA is released |
June 1, 2021 | 5498 is released |
Contribution limits
50 yrs. and older: $7,000
50 yrs. and older: $7,000
2021
Below 50 yrs. old: $6,00050 yrs. and older: $7,000
2020
Below 50 yrs. old: $6,00050 yrs. and older: $7,000
For more details, please visit the IRS website regarding contribution limits.
Calculate how much you can save for retirement.
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