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VILLAGE OF GERMANTOWN N112 W17001 MELLON ROAD GERMANTOWN, WI 53022MEETING:GENERAL GOVERNMENT & FINANCE COMMITTEE Tuesday, October 16, 2018 6:00 P.M.LOCATION:Germantown Village Hall Board Room N112
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83 and 19 refer to IRS forms 83(b) and 19, which are used for reporting income from restricted stock units and other equity compensation.
Employees who receive restricted stock units or other equity compensation are required to file forms 83(b) and 19 with the IRS.
Form 83(b) must be filled out within 30 days of receiving the equity compensation, while form 19 should be filled out at the end of the tax year.
The purpose of forms 83(b) and 19 is to report income from equity compensation and calculate the associated taxes.
Forms 83(b) and 19 require information such as the value of the equity compensation, the date received, and the associated tax calculations.
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