turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can taxes be filed with just last paystub of the year

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Can taxes be filed with just last paystub of the year

First of all, 2019 is not over yet.  The IRS will not accept a 2019 tax return until late January at the earliest.  Employers have until the end of January to issue your W-2's.

 

 

FILING WITH A PAY STUB

Please do not try to use your pay stub to prepare your tax return.  It will not match the W-2 that you will get from your employer in just a few short weeks.  You employer has until the end of January to give you your W-2.  By waiting for your W-2 you will be able to file accurately.  If you try to guess what goes in the W-2 “boxes” and mess up your return, you will need to amend.  It takes about 4 months to amend a tax return.  

The IRS will not be accepting 2019 returns until the end of January, so you CAN wait for your 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.**

Can taxes be filed with just last paystub of the year

FYI  .... filing before your employer issues a W-2 is unwise for many reasons :

 

1)  the info on the paystub will not match the W2 in most cases  AND this will trigger an IRS audit  AND/OR  require you to amend the return which is a pain

 

2)  the IRS will not process any return until they have the info from the employer to match to your return so filing early just puts you in a holding pattern with millions of others which can delay your return for weeks

 

3)  any return with EIC or ACTC is automatically delayed in processing until after 2/15 no matter when you send in the return ... and in the past the early filers got stuck in the aforementioned holding pattern  and their refunds were delayed

 

4)  once again the tax forms have been redesigned so delays or bugs in the system will  need to be worked out ...  filing before these have been corrected can delay your return's processing as recent past history has proven ... in the case of the IRS the early bird doesn't usually get the worm, it only gets an unripened apple.  

Can taxes be filed with just last paystub of the year

In addition you are required to have the W-2 in you possession prior to filing for 3 reasons:

 

1) You must physically attach a copy of the W-2 to a mailed tax return.

2) If you e-file you must retain the W-2 because the IRS can request that you send it to them at any time to verify the information so it must be in your possession.

3) You sign the tax return (either on paper or electronically) that the tax return  is complete and accurate under penalty of perjury and without all the W-2 box information that can only be obtained from the actual W-2, it will not be complete or accurate.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies