No, it will not be a problem. To follow-up on the comments from @DavidD66, even if you don't have a W-2 from your employer you can report this amount as compensation income on line 8 of your Form 1040. Line 8 on Form 1040 is the line for "Other Income." Follow these steps to report the ordinary income aspect of your ESPP as other income:
- Go to Personal
- Select Personal Income
- Scroll down the page to Less Common Income
- Select Miscellaneous Income
- Select "Yes" when asked if you received other taxable income.
- Enter the name and amount.
If you are using TurboTax online, the process is essentially the same as the above steps.
@amt_blues
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