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Get a lawyer. I am not a lawyer, this isn't legal advice. 83b election needs to be filed within 30 days of receiving your stock / options grant. It basically a
by relaunched 5y ago
Get a lawyer. I am not a lawyer, this isn't legal advice.
83b election needs to be filed within 30 days of receiving your stock / options grant. It basically allows you to pay the taxes on the newly purchased stock, upon granting, and start the clock on long-term capital gains. The downside is, if the stock goes to zero, you don't get any of that money back.
https://www.dwt.com/blogs/startup-law-blog/2020/10/section-83b-election-for-startup-founders https://www.dwt.com/blogs/startup-law-blog/2020/10/section-8...