How do I make an 83(b) election?
You can make an 83(b) election by filing a statement with the IRS within 30 days of acquiring your shares. An 83(b) election tells the IRS how you’d like to be taxed on shares that are subject to vesting. Making this election usually results in lower taxes for founders and other people who acquire shares subject to vesting in an early-stage startup. Most startup lawyers strongly advise people who have acquired these types of shares to file an 83(b) election.
Please refer to Clerky's detailed article on How to make an 83(b) Election
You can also reach out to support@clerky.com
Still have questions?
Reach out to our support team if you have any additional questions regarding filing.