It depends. If the RSUs have not vested yet, then you report only the business income. If you believe it is fully vested, then tax reporting does exist. Read the article below to see where your wife stands with the RSUs. Additionally, when they are reported, the value assigned becomes the cost basis in the stock when they are sold.
When you receive an RSU, you don't have any immediate tax liability. You only have to pay taxes when your RSU vests and you receive an actual payout of stock shares. At that point, you have to report income based on the fair market value of the stock.
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