Reporting QSBS

83b QSBS

83b Elections and QSBS

83(b) Election Basics An 83(b) election allows an individual to accelerate the date on which restricted shares are subject to ordinary income taxes, and potentially pay a lower tax now versus a higher tax in the future. A founder or an employee of a startup who receives restricted … Read More

How do I report QSBS on my Taxes?

As a holder of qualified small business stock (QSBS), it is important to know what steps to take not only when you report the Section 1202 exclusion on your taxes but also when the QSBS is issued. QSBS for some is a hidden secret embedded within the … Read More