Manage Documents in Your Personal Portfolio

Carta is releasing a new documents section for employee portfolios. This section makes it simple for companies to distribute tax documents to employees and for employees to manage all their documents in one location.

Here’s how it works:

Sharing 3921 Copy B with Your Employees

Right now is 3921 season. Companies that file a 3921 are required by law to give each employee, who has exercised an ISO option, “Copy B” of their 3921 filing.

Previously, companies had to send these out by mail (or Dropbox). At larger companies this means mailing 100s of documents to employees every year. Now getting these documents to employees looks like this:

distributing 3921

Clicking the “Deliver Copy B” button inside of Carta automatically generates a PDF for every employee and delivers the 3921 Copy B into that employee’s Carta portfolio. See below.

employee dashboard

With the document saved on Carta, employees no longer have to keep track of paper documents and they will always be able to find their 3921 when it is time to file.

What’s Next:

While we started with the 3921, the new documents section will be used for a variety of situations where documents get shared between employers and employees–saving both parties time and headaches.

In the coming weeks we will be adding document management for 83(b)s, 1099-Bs, and more.


Stay up to date with monthly blog highlights

Related articles

What is a 409A valuation?

Learn everything you need to know about section 409A of the internal revenue code. From what is a 409A valuation to 409A methodologies and process.

Broken cap tables

Cap tables are a necessary evil for every startup founder, CEO or CFO. Excel spreadsheets are usually riddled with mistakes. Carta is changing that.

The Gap Table: Analyzing the gender gap in equity

Much has been said about the gender pay gap, but most publicly available research focuses on only one part of compensation: salary. But in startups, wealth is created through equity ownership on the cap table.