Ask HN: How to report founder stock to IRS on annual returns?(Already filed 83b)

1 points by SpiderWeb ↗ HN
I already filed 83(b). How do I report the stock on my personal returns? Any help around this will be really helpful.

1 comment

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(Not a tax professional)

You should record it as ordinary income.

SharesAmt * SharePrice

Example: 100,000 shares * $0.01/share = $1,000 income