Since some are still relying on this post, I just want to make it clear that the IRS has issued final regs that remove the requirement that a taxpayer submit a copy of Code Sec. 83(b) election with the return for the year in which the property subject to election was transferred. This applies to property transferred on or after 1/1/2016.
Taxpayers must still make the election as noted above within 30 days after the transfer. Without this separate statement mailed to the IRS there is no election.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
