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 IRS Form 3921 Kruze Consulting 2021

1099 G 2021-2025 Form

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Video instructions and help with filling out and completing IRS Form 3921 Kruze Consulting

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Instructions and help about form 1099 g

Hey, it's Scott Orn at Kruze Consulting.  And today I'm answering the question,   what is an 83B election, and how do you do it? Now the 83B election is a form that  you send into the IRS telling the IRS   that you are electing to buy your stock  immediately, even if it hasn't all vested yet.   And you're locking in a low tax basis. Therefore,  all appreciation after you've filed that 83B,   and after you bought that stock, is gonna be taxed  at a capital gains rate, which is something like   20%, give or take. And so that's  a really nice place to be. If your company IPOs someday, you're gonna have a  really huge gain, and only having to pay capital   gains tax is gonna be really nice for you. The  alternative is forgetting to send in your 83B   election form and having to pay income tax  on the delta of appreciation every year as   the stock vests. So if a stock goes up in value  a ton after the first y

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