The way I understand the tax law, you do not have to pay tax on a gift. At the time TMUS gives you the stock, it is just a piece of paper. It has a value, but it is not income at this point. The only time you have to worry about the IRS is when you sell the stock. At selling time the stock cost you '0'. When you sell it at market you make a profit, then this profit is reported as income. jmo. I feel confident that this is the way the stock should/will be handled. Think about it.
TMUS is giving you the shares as a gift for being a subscriber.... They have no income value until you sell them.. You do not have to pay any income tax on them until you sell them.
There should be no problem with the IRS. TMUS is giving you the shares-gifts. They are not income. They become income only when you sell them. Filing time if you sold them then you would have income of what you sold the shares for minus broker fees. When TMUS gives you a share it costs you nothing, it is a gift. I think most people are making an unnecessary problem for them selves.
So far, I do not know all of the facts of this stock give away to customers. Remember, nothing is free.
Take a look at the common stock. SB now owns 85%, institutions own a bunch and insiders own a bunch. Analyst have stated that Sprints assets are worth $50+ billion. Upper echelon mgt is working hard to turn this ship around. MO says there is less than 10% of the shares on the open mkt. Anything can send the pps down to the pennies or at the same time send the pps to $100. MO if you own S, I would hold it. I believe the pps will go in the 100 dollar direction before it will go in the penny direction.
With the way about 95% of the common stock is held the pps can go to pennies or to $100 per share. My bet is that it will approach $10/share by the end of the year.
Think about it. Papa Son owns just about 85%, insiders and funds own about 10%, this leaves just about 5% to be bought and sold on the open market. It has been posted that shorts are close to the 10%. Any kind of a great wobble pps could be force up to unbelievable prices. Think about it. I am long at this time.
An analyst a few months back predicted that the pps for TMUS will go to $72/share on its own. It appears that he may be just right. If Papa Son or Charlie or Comcast OR . . . . want to acquire it they will have to pay over $100, JMO. Assuming the world does not fall apart in the mean time.....
Shorts, here we go. Trickle up a little today , much more tomorrow, WOW by Friday=close at $20/share. According to my Rare Romanian Gypsy Cut Glass Crystal Ball guaranteed by the King of the Romanian Gypsies......
Assuming the world does not collapse, big things are going to happen within the next 12 month in the wireless world, especially with Sprint, Dish, TMUS and FTR...... This is reported by my exotic crystal ball. .
SB owns about 84%, insiders and funds own over 10% this does not leave very many shares on the open mkt to be sold and bought. PPS could easily go to 20/share. Think about it.