Just Got Handed Equity Compensation?

What is the 83(b) election? The 83(b) election is a provision under the Internal Revenue Code that gives a participant the option to pay taxes on the total fair market value of restricted stock at the time of grant rather than on the date the equity vests. When is it applicable? 83(b) elections can be filed for restricted stock purchases and restricted stock awards but are not applicable for restricted stock units.