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Instruction For Completing IRS Section 83 (B) Form: Heading

The document provides instructions for completing IRS Form 83(b) to make an election under Section 83(b) of the Internal Revenue Code within 30 days of receiving restricted stock awards. Key steps include: 1) Completing Form 83(b) with personal information, a description of the restricted stock, the year it was received, restrictions, price on award date, and amount paid. 2) Mailing the completed form to the IRS within 30 days and sending a copy to the employer. 3) Attaching a copy of the filed form to your tax return for the year the election is made.

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Jeff Enderwick
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331 views

Instruction For Completing IRS Section 83 (B) Form: Heading

The document provides instructions for completing IRS Form 83(b) to make an election under Section 83(b) of the Internal Revenue Code within 30 days of receiving restricted stock awards. Key steps include: 1) Completing Form 83(b) with personal information, a description of the restricted stock, the year it was received, restrictions, price on award date, and amount paid. 2) Mailing the completed form to the IRS within 30 days and sending a copy to the employer. 3) Attaching a copy of the filed form to your tax return for the year the election is made.

Uploaded by

Jeff Enderwick
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PDF, TXT or read online on Scribd
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Instruction For Completing IRS Section 83(b) Form

To make an 83 (b) election you must complete the following steps within 30 days of your
Award Date:

• Complete the IRS 83 (b) form that has been provided to you
• Mail the completed form to the IRS within 30 days of your Award Date (mail to the IRS
Service Center where you file your taxes (see chart provided)
• Mail a copy of the completed form to your employer

You must also attach a copy of the completed and filed form to your income tax return when
you file your income taxes for the year in which the election is made.

Heading:
Please write in your name and address and the date at the top of the form. Below “Department
of the Treasury”, please address the form to the IRS service center where you file your taxes
(see chart provided).

Box 1:
Please write your name, address and social security number next to the corresponding field in
this box.

Box 2
Please write the number of shares and a description of the shares of stock that you were
awarded for which you are making the election under 83 (b).

Box 3
Please write the calendar year during which you were granted the Restricted Stock Awards.
Your Award Date would provide you with this information.

Box 4
Please describe the restriction that your awards are subject to. You can find this information in
your Award agreement. If you have any questions about the wording in your Award agreement,
or about your restriction, please contact the Plan Administrator at your employer.

Box 5
Please record the closing price of your company’s stock on the Award Date.

Box 6
Please write the amount that you paid for your awards. If you did not pay anything for your
awards, please state that no amount was paid for the shares.

Box 7
Nothing needs to be written here. Once you have completed the form, please sign it and mail a
copy to your IRS Service Center and your employer. Also, please retain a copy for your taxes.

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Instruction For Completing IRS Section 83(b) Form

Department of the Treasury

Re: Election Under Code Section 83(b)

Dear Sir or Madam:

I hereby make an election pursuant to Section 83(b) of the Internal Revenue Code of 1986, as
amended, with respect to certain restricted stock received by me. The following information is
submitted as required by Treas. Reg. § 1.83-2(e):

1.
Taxpayer Information
Name:
Address:
Taxpayer Identification Number:

2. Property for which election is made:

3. Date of Transfer:
Taxable Year for which Election is made:

4. Restrictions to which property is subject:

5. Fair Market Value:

6. Amount paid for property:

7. A copy of this election has been furnished to the


Corporation.

Very truly yours,

Cc:

2
Instruction For Completing IRS Section 83(b) Form

Where to File?
If you live in:
Alabama, Florida, Georgia, North Carolina, Virginia Department of the Treasury
Internal Revenue Service Center
Atlanta, GA 39901-0002

District of Columbia, Maine, Maryland, Massachusetts, New Department of the Treasury


Hampshire, Vermont Internal Revenue Service Center
Andover, MA 05501-0002

Arkansas, Connecticut, Delaware, Indiana, Michigan, Department of the Treasury


Missouri, New Jersey, New York, Ohio, Pennsylvania, Rhode Internal Revenue Service Center
Island, West Virginia
Kansas City, MO 64999-0002

Kentucky, Louisiana, Mississippi, Tennessee, Texas Department of the Treasury


Internal Revenue Service Center
Austin, TX 73301-0002

Alaska, Arizona, California, Colorado, Hawaii, Idaho, Illinois, Department of the Treasury
Iowa, Kansas, Minnesota, Montana, Nebraska, New Mexico, Internal Revenue Service Center
North Dakota, Oklahoma, Oregon, South Dakota, Utah,
Fresno, CA 93888-0002
Washington, Wisconsin, Wyoming

A foreign country, American Samoa, or Puerto Rico (or are Department of the Treasury
excluding income under Internal Revenue Code section 933) Internal Revenue Service Center
or use an APO or FPO address, or file Form 2555, 2555-EZ,
Austin, TX 73301-0215 USA
or 4563, or are a dual-status alien or nonpermanent
resident of Guam or the Virgin Islands*

* Permanent residents of Guam should use: Department of Revenue and Taxation, Government
of Guam, P.O. Box 23607, GMF, GU 96921; Permanent residents of the Virgin Islands should
use: V.I. Bureau of Internal Revenue, 9601 Estate Thomas, Charlotte Amalie, St Thomas, VI
00802.

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