83b Election for my start-up people! Explaining what, who, when, why, and how of 83(b) elections.

Sample cover letter for 83b election:
docs.google.com/document/d/1u...
83b election template:
www.fidelity.com/bin-public/0...
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Disclaimer: Video is for informational purposes only. Consult with a tax and legal professional to verify that it fits your situation.

[@yuanlongxiao7176]

I think there is an error in 2:46 about the 30 days restriction. It is from the exercise date, not the grant date. To qualify for preferential tax treatment, your 83(b) election form must be postmarked and mailed to the appropriate IRS office within 30 days of purchasing your stock grant or the date of your early exercise.

[@sadiachaudhary9506]

Best explanation ever on 83 b. Just subscribed your channel. Please continue the hard work.

[@michaelajayi2117]

This is really helpful. Thanks for sharing

[@kazuwilliams5222]

Wonderfully explained and simple to understand. I'll definitely complete the 83b.

[@parkinggirl]

Thank you!

[@raquelx7807]

I agree with the comment below. I am a tax professional, and I enjoyed the content was easy to understand and picture it! Thank you so much

[@frisygaming344]

thank you sharing

[@lancek7533]

Good idea for founders to submit this form if they are already vested day 1?

[@kssksaril]

Thanks for the video, how is corporate taxed on these transactions pls

[@trentonztrentonz7720]

Once your shares are vested, can a majority shareholder vote force a repurchase of your vested stock at any point?

[@Alex-sg3tk]

Who is the employer?

[@alphabgroup]

the employer would be the company you work at.

[@kwell2307]

Why do they need to be notified of startups though?