There are potentially two issues here.
- Was the stock a form of payment
- How the stock will be treated as an investment
The stock was some form of compensation, even though it was just given to you. Even if you did not receive a tax form it should be reported based on the "Nominal Value".
You can enter it this way
- Wages & Income
- 1099 MISC and Other Common Income
- Select Income from a 1099-NEC
- Enter payer's name
- EIN Number
- Amount you received
- State what it was for
- Click None of these apply
- No you do not have expenses to enter
There will not be any tax on the shares of stock until they are sold. You may however, receive dividends or interest that would be taxable in the year received.
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So just to be clear:
* I use this form even though the stock comes from my employer? Asking because the Box 1 screen says "Nonemployee compensation".
* The amount I enter in Box 1 is what I get by multiplying the number of shares to the nominal value? E.g. if I get a 1,000 shares at $0.1 - I just enter there $100?
* On the Describe the reason screen, do I enter something along the lines of "Equity grant from employer: 1,000 shares with nominal value of $0.1 each"?