Companies need to file Form 3921 for any employee who has exercised ISOs in the last calendar year. Read more on Form 3921.
Step one: Navigate to Compliance > Form 3921 and complete the information on the form.
Step two: Add company info
Add the business address you will use to file your taxes. This information is needed to identify your company to the IRS.
Name - Company legal name
Address - Company address for filing tax returns
TCC - You must apply for a TCC to file the Form 3921 electronically. Here are instructions on applying for a TCC. Use a placeholder of 12345 for the TCC if you have not received one from the IRS to generate Copy B and Copy C.
TIN - Company EIN
Step three: Add company info
The point of contact will be the reference for the IRS pending questions on your Form 3921.
Step four: Add stakeholder information
Pulley automatically generates a table of all the stakeholders who have exercised options in the last calendar year. If not stakeholders have exercised options, you do not need to file Form 3921.
Step Four: Generate Documents
Pulley will generate three files after you have completed all the steps:
Copy A - ASCII file that you should not alter to send to the IRS
Copy B - PDF copies that you send to employees
Copy C - PDF copies to keep for your company records
Review the documents generated and send them to the appropriate agencies. Email email@example.com if you have any questions.