I havent received my w2s yet can i file with previ...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

I havent received my w2s yet can i file with previous agi if my income was lower this year

I have not received my w2s yet can i fike using my previous agi if my income was way lower this year? I didnt work as much this year just short period of times at a few jobs.
2 Replies
Level 15

I havent received my w2s yet can i file with previous agi if my income was lower this year

You must enter all W-2's from 2020 on only one 2020 tax return before the 2020 tax return can be filed.

 

The look-back option to use the 2019 AGI is only available for the Child Tax Credit and the Earned Income Tax Credit.

Level 15

I havent received my w2s yet can i file with previous agi if my income was lower this year

No you cannot do that.   Only 2020 W-2's can be entered on a 2020 tax return.  Wait for your W-2's.  Employers have until February 1 to issue them.   The IRS will not be accepting 2020 returns until February 12--- so you do have time to get them.

 

You might have heard something about a 2019 lookback for earned income credit----you still have to enter your 2020 income correctly, but you can visit the earned income credit section to see if using your 2019 amount will help you get a bigger EIC amount.  

 

And if you received any unemployment you have to enter your 1099G as taxable income on your 2020 return.

 

 

 

 

Every 2020 W-2 that you received must be reported on your 2020 tax return, even if they are for small amounts.  Remember that each one of those W-2’s has your Social Security number on it, and that income was reported to the IRS by the employer.  You do not want to get in trouble with the IRS for under-reporting your income.

ALL of your W-2’s must be entered on the SAME tax return. 

 

Go to Federal>Wages & Income to enter a W-2.

After you enter the first one, you click Add Another W-2.

 

 

W-2's come from your employer, and they have until February 1 to issue it.  Some employers allow you to import the W-2 through the software, but for security reasons you still need information from the actual W-2 to import it.  You might need to phone, drop in, email and/or snail mail an old employer to make sure they know where to send your W-2.

 

https://ttlc.intuit.com/questions/2561916-how-can-i-get-a-copy-of-my-w-2

 

https://ttlc.intuit.com/questions/1934390-how-do-i-import-my-W-2

https://ttlc.intuit.com/questions/2588751-why-can-t-i-import-my-w-2

 

https://ttlc.intuit.com/questions/2938482-how-do-i-take-a-picture-of-my-w-2-in-turbotax-online

 

 

https://ttlc.intuit.com/community/income/help/what-if-it-s-february-but-i-still-don-t-have-my-w-2/00...

 

https://www.irs.gov/taxtopics/tc154

 

And….SAVE YOUR OWN W-2!  TURBOTAX DOES NOT SAVE IT FOR YOU.  TurboTax will not have a copy of it in your account and will not have an image even if you snapped a photo.  It is up to you to save it for your own records as stated on the back of the W-2.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Dynamic Ads
v
Privacy Settings