Yes, it seems you are OK as far as the 2023 return is concerned.
What the 83(b) election does is allow you to pay the ordinary income portion of your grant income when you receive it, rather then when you take unrestricted possession of the property. Otherwise, when you take possession the value may be higher than when the grant was awarded resulting in higher wage income recognition before you even sell the property. With the 83(b) election, in your case it seems no tax will be due until you sell the property, as the value is $0 when you made the 83(b) election, and all of the profit from the grant will be capital gain income, short or long term depending on how long you hold the property.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
