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	Legal - 83(b) Election
	Rating:		Price: $5.99
	At A Glance
	This Word document is a sample 83(b) Election form to be used when recognizing current income upon the transfer of ""restricted"" property in connection with the performance of services.
	Background
	An § 83(b) election is very important in situations where an employee receives property that is nontransferable and subject to a substantial risk of forfeiture. This election permits the employee to avoid taxation on the appreciation in the property at the time the property becomes unrestricted and to pay tax on the property’s appreciation only if and when the employee disposes of the property.
	Benefits
	Using this tool, you will have a ready-made document should your company wish to take advantage of incentive stock options (ISOs) and an early exercise program.
	Time ROI
	It takes on average 3 hours to create an 83(b) Election form. By using MyWorkTools.com, you will save approximately 2.5 hours since all you have to do is fill in the appropriate information.

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