83-B election

ConceptMentioned in 1 video

A tax election that allows founders to pay taxes on the difference between the stock's value and purchase price on the day of purchase, rather than as stock vests. It must be filed within 30 days of buying the stock.

Videos Mentioning 83-B election

Carolynn Levy And Panel (Jon Levy, Jason Kwon) - Startup Legal Mechanics

Carolynn Levy And Panel (Jon Levy, Jason Kwon) - Startup Legal Mechanics

Y Combinator

A tax election that allows founders to pay taxes on the difference between the stock's value and purchase price on the day of purchase, rather than as stock vests. It must be filed within 30 days of buying the stock.