Hello- You might be able to file your return using information from your last pay stub or paycheck of the year -- but that doesn't mean you should.
We know that you count on getting your refund as quickly as possible. However, many tax experts advise against filing without your W-2.
Why? Because in your hurry, you could cause your refund to be delayed for weeks.
Important: Filing your return using only your last pay stub or paycheck could create headaches for you later:
- The IRS or your state might send you notices, if what's on your pay stub doesn't match what's on your W-2. The W-2 contains specific data that isn't always on your paycheck.
- If the numbers you enter on your return don't match your W-2, the IRS could hold up your refund for weeks until the differences are resolved.
- You might have to amend your return, If you do file with your pay stub only and some figures differ from your W-2. That can be time-consuming.
As soon as you receive your W-2 (employers are required to mail it by January 31), you can use our TurboTax Import feature.
Hope this helps and thank you for using TurboTax!
If your employer participates, import your data automatically to save time and ensure your return is accurate.
I took my sons last paycheck and just attempted to do them to see a estimated figure on what he could get back. I was stopped quickly because they have so many codes now on the filing of the taxes. And it was the same company he worked for the previous year. I dont know if they have different numbers they need this year or what but it did not carry them over from last year if so. So it was a bust. I know its hard to wait sometimes.....very hard.......but wait on that W2 or what ever you need to file them. That way they will be correct and ready to go. I used to could file taxes all the time from the last pay check stub..... now I cant.
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