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Questions tagged [83b-election]

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Report 83(b) income with no W2/1099-MISC?

In early 2018 I made an 83(b) election with respect to some stock a company is granting to me over several years. That means I should be paying taxes now on all of that stock. From reading the ...
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1answer
105 views

Is my 83(b) election still valid?

In 2016 I filed an 83(b) election for some ISOs I received as part of my employee compensation. I did not completely understand the 83(b) election when I made it, I still don't to be honest. There are ...
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Is an 83b election ONLY applicable to equity in exchange for services?

From what I can find online, it seems like IRC §83 relates to transfers of restricted equity in exchange for services provided. Is this the only applicable case for for an 83b election, or can a ...
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83B with for contribution of stock with a low basis in a 721 transaction with forfeiture

I have some stock in a small startup (that I work for) that as part of a 721 transaction is being "acquired" by an LLC. Let's say my basis in the stock is $10 and I am to receive $1000 share of the ...
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0answers
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Filed 83(b) election in wrong IRS center. Should I file again?

I filed my 83(b) on time at the incorrect IRS center (Austin). Assuming I have enough time, should I re-file it at the correct location (Fresno) or is it OK?
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Filing 83(b) election as an international consultant?

I recently went from being an employee in a US company (while being in the US) to being a consultant for the same company (while working abroad in my home country of India). As part of my new ...
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1answer
158 views

Can I use a 1040ez if I filed an 83(b) for stock on a vesting schedule?

I filed an 83(b) earlier this year for stock I received on a vesting schedule. I purchased the stock at fair market value, so when I filed the section 83(b), I earned net zero dollars. I have not sold ...
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1answer
100 views

Should I early exercise unvested ISOs when the FMV is above the strike price?

I have unvested ISOs from a job I started this year, and recent revisions to our policies have given employees the ability to early-exercise their options. However, it's been several months since my ...
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1answer
74 views

Does 83(b) cause a tax liability when exchanging startup stock for public stock?

I sold a startup to a public company. I filed an 83b at startup inception (nominal value). The terms of the sale were such that I must vest the sale proceeds over 4 years and will be realized as ...
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2answers
772 views

What are the tax consequences of ISO exercising with an 83B election after the stocks FMV has gone up?

I came across a lot of posts that talk about 83B and ISO vesting but still could not answer questions specific to my situation. I am trying to understand tax implications with exercising in the ...
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83b election - did not submit tax return for the taxable year of the election [duplicate]

I am a holder of vested shares in an USA company. I've bought my shares in 2013 for the FMV (thus I should pay no income on them for 2013) and filed my 83b election with the IRS (and they confirmed) ...
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1k views

How to deal with IRS response of no action to 83(b) election?

Pursuant to advice on forming a small company that issues restricted stock such as described here. I filed an 83(b) election with the IRS last fall via certified mail return receipt and for which I ...