Triple G wrote:
From the article you posted.
"But with a Section 83(b) election, you can instead recognize ordinary income when you receive the stock. This election, which you must make within 30 days after receiving the stock, allows you to convert potential future appreciation from ordinary income to long-term capital gains income and defer it until the stock is sold."
It's you with the BS shovel.
How does it differ from OP?
Because you have to claim the initial stock value as income and appreciation there after becomes gains, or you can differ claiming the stock at which time the value of the appreciated stock will have to be declared as income when it vests... you have 30 days to make that decision.
You are paying income tax on the stock gift either way, gains only apply to future appreciation and if you don't differ then you pay income tax on the total value at some point in the future.
The scenarios in his post are wrong, especially the third scenario is totally BS.