I did it last year and had no issues. I also report about $9,000 a year as "other income" even though I receive a 1099 Misc for it. This is because CA state tax law requires my employer to pay me a medical stipend benefit as if I am a contractor when in fact, I am simply a retiree receiving a contracted and earned benefit. I simply explain it on form 8275 and have had no issues for several years.
