When does it make sense to file 83b. I got 100K worth of RSU vesting over 4 years at VMware. So 25K/year. Do I pay taxes on 100K if I file 83b?
Isn't 83b for options only?
83b doesn't apply to RSU, only ISO afaik. But please consult your tax professional
https://www.investopedia.com/articles/tax/09/restricted-stock-tax.asp
Thanks a ton. Great article.
Anytime
you can’t file 83b on rsu so never
you can only file an 83(b) election on property transferred in connection with the performance of service. RSUs are not property. Stop fishing for free advice and either educate yourself (which seems like an uphill climb) or pay someone to advise you.
Lot of people claim that they have filed 83b. I would have consulted my accountant. I’m just being lazy and thought to get some insights from smart people around.
Thanks everyone for a clarity.
TC or gtfo