Nexus

File your 83(b) election with Corpora

We are excited to team up with Nexus Venture Counsel to bring streamlined 83(b) election filings to you.
Enter your discount code upon checkout to claim the discounted rate.

Once you place your order we will:

Send your documents to the IRS

We will send your signed cover letter, two copies of your signed 83(b) election form, and a postage-paid return envelope to the IRS.

Provide a tracking number and proof of delivery

Once your documents are shipped, we will provide you with a tracking number and proof of delivery, if and once available.

Provide IRS date-stamped copy

If and once received, we will provide you with the IRS date-stamped copy of your filing.

Store Your Documents

We will store any digital documents or scanned copies relating to your 83(b) election order within your account for at least 30 days of placing your order. These files will also be emailed to you.

“Missing an 83(b) election can cause a founder to rack up 6-figure and even 7-figure tax bills as their company grows. Corpora makes the filing process easy so that no founder has to deal with this nightmare.”

Anthony N. Malone, Founder & Managing Partner

FAQs

What is an 83(b) election?

An 83(b) election is a tax document you file with the IRS, electing to pay tax on your equity grant at its fair market value on grant rather than at vest.

Why is this important?

In certain situations – such as high-growth startups – the fair market value of stock can increase exponentially. By making the 83(b) election, you’re protecting yourself from paying ordinary income tax on that appreciation, which can potentially result in saving a fortune on taxes.

Can’t I just e-file my 83(b) election?

You can! Starting in 2025, the IRS has enabled an e-filing option for 83(b) elections. You can do so by visiting https://www.irs.gov/forms-pubs/mobile-friendly-forms and searching for “Form 15620”. That said, the online form has certain limitations.

Can I mail the 83(b) election myself?

Of course! We offer our services because we know that doing this yourself can be a hassle – making sure you’re sending it to the right address, using the right bulletproof protocol, and taking time out of your day to prepare the package and visit a post office. Rather than spend hours and still wonder if you got it right, you can get it done in minutes with peace of mind.

Is there a deadline for filing the 83(b) election?

Yes, you have 30 days from the day your equity is granted to you to make the 83(b) election.

Is the 83(b) election available for any type of equity?

No, it’s only available for property that is: (a) granted as compensation for services, and (b) is subject to vesting. Restricted stock (RSAs) and profits interests are two common examples where the 83(b) election is available. Notably, the 83(b) election is unavailable for stock options (unless early exercised) and RSUs (restricted stock units), since these are not considered “property” for purposes of this election.

Why should I trust you?

We treat each and every 83(b) election order we receive as if it were our own. We prepare the envelope, send it to the IRS, and track it as if we were doing this for our own shares in Corpora.

When will my 83(b) election be sent out?

We typically send out 83(b) elections within five business days after it is finalized (you’ve drafted, reviewed, and fully signed it). Orders received after 7pm ET are considered to be received on the following business day. In any instance, your 83(b) election will be sent out by the respective deadline.

What if my 83(b) election gets lost?

We got you covered. The protocol we use to send your 83(b) election acts as evidence that your 83(b) election is delivered to the IRS even if it isn’t actually delivered (for example, gets lost in the process). That said, please note that we are not responsible for matters beyond our control, such as lost items.

Are you insured?

Yes. We carry Errors & Omissions and cybersecurity insurance policy with $1,000,000 limit.

How long do I have to draft and sign my 83(b) election?

14 days from the date of transfer of your equity. This allows us time to reach out to you in case there are problems with your submission. After the 14-day cut-off, we’ll be unable to process your 83(b) election.

Will you review my 83(b) election for me?

No. The accuracy of your 83(b) election is entirely your responsibility. Any comments we share with you regarding your 83(b) election are provided as a courtesy, and it’s entirely up to you whether you take our comments into account or not. Please check out our terms.

Do you provide any legal or tax advice?

No. Our role here is purely technical – after you sign your 83(b) election, all we do is print it out, send it to the IRS, and keep track of it. Also, if and once we receive the IRS date-stamped copy of your 83(b) election, we’ll upload a scanned copy to your account. Please check out our terms.