No. Even If you are not getting a refund, you should file an extension and wait for a corrected W-2. If you owe money you can still file an extension, however the IRS system is pay as you go. This means underpayment of tax will continue to accrue interest for late payment until it is paid in full.
If you owe money:
- Be aware that an extension of time to file is not an extension of time to pay (you seem to understand).
- Options:
- Pay all or part of your tax balance due at the same time you file the extension, or
- File the extension and send no money now, knowing interest and penalty will continue for late payment, or
- File the extension and pay some of the money now, knowing interest and penalty will continue for late payment until final payment of tax.
Either way, I would suggest you file the extension and then finalize your return once you receive a corrected W-2 should you discover your employer plans to issue a corrected one. This prevents the need to amend your return which in my opinion is the best action.
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