A help-center article, drafted
One JD duty is writing and maintaining help-center articles, and spotting the topics that need one. Ticket 01 is exactly the kind of recurring, high-stakes question that deserves a standing article so founders find it before they panic. Here's the draft I'd propose.
Short version: if you received stock that vests over time, an 83(b) election is a form you file with the IRS to be taxed on the stock's value now, while it's low, instead of later as it vests. It must be filed within 30 days of when your stock was issued. That deadline is strict, and missing it can't be undone.
Why founders care about it
Most founder stock is subject to vesting, meaning the company can buy back unvested shares if you leave early. Without an 83(b) election, the IRS can tax you as each portion vests, potentially at much higher values later. Filing the election lets you pay tax based on today's typically low value instead. Whether it's the right move for you is a tax question, and depends on your situation.
The 30-day deadline, precisely
The clock starts on the date your shares were issued to you, which is the date on your stock purchase documents, not the date your company was incorporated. Those dates are often different. The election must be postmarked to the IRS within 30 calendar days of the issuance date. The IRS does not grant extensions, and there is generally no way to file late.
Where to find your dates in Clerky
Open your company, go to the Stock section, and find your founder stock purchase. The issuance date shown there is the date your 30-day window is counted from. Clerky also provides 83(b) filing instructions alongside those documents.
An important boundary
Clerky is software that helps you prepare and file paperwork correctly. We are not a law firm or a tax advisor, and we can't tell you whether to make an 83(b) election or what to do if a deadline has passed. For those decisions, talk to a tax professional or a startup attorney. This article explains the mechanics so that conversation is faster.
Related: How do I file my 83(b) election with the IRS? · What is vesting? · When are my founder shares issued?
Draft article, written for this application. The 30-day-from-issuance rule and the no-extensions point reflect widely documented IRS treatment; the exact Clerky navigation labels would be confirmed against the live product before publishing.