Can you file taxes with your last pay stub of the year?

Question

Or do you have to wait for your W2's to come in. My husband has worked the same job all year long and we were just curious.

Answer 1

You can, but you shouldn't. The estimated refund could be wrong and then you will have to fix it. You won't be able to e-file and it won't be saving you any time. If you get a refund anticipation loan for the estimated amount and it is wrong, you may end up paying more in the long run.

Make sure that you get the full benefit of your refund by staying far away from H & R Block or one of those other commercial places. The IRS has a program called VITA that does free tax preparation for households earning $40,000 or less. They can make sure that you get all your eligible credits, such as the Earned Income Tax Credit, the Child Tax Credit, the Dependent Care Credit, etc.

This is an absolutely FREE service. They can e-file and do direct deposit so that you can get your return back in 7-10 days. There is no need to get a refund anticipation loan, which is really nothing more than a high interest loan where you would be paying to borrow your own money. You have worked hard for your money and you should be able to keep it! To find a VITA free tax site near you, call the IRS at: 1-800-829-1040.

I work with the VITA sites in Nashville and know that it can make a huge difference for working families. www.unitedwaynashville.org/nwba.

Answer 2

The question was asked many times daily on Yahoo answers "if you could file with your last pay stub" and everyone answered correctly! Now you go and file with the last pay stub, and of course different amounts, just like told on Yahoo answers. Well it is your responsibility to file your taxes with you w2 and only w2 not pay stubs, of course the tax pre place filed with your pay stub, they didn't care about you, only want the money they were going to charge you, possibly an arm and a leg. Regardless of receiving more money or not as a refund is not the issue, the issue is you filed a fraudulent tax return by not reporting all your income. Now to correct your mistake is wait until IRS processes your original tax return and refunds you. Once the refund is received by you, then you can go and amend the tax return by filing Form 1040X. again it may not get you more money, but at least you aren't under reporting your income, better yet wait a while to make sure you have all your Form 1099INT from your banks etc. Processing of tax returns for e-filing is a standard two weeks, if error are found then it will take longer for you to receive the refund Good luck!

Answer 3

H&R Block is advertising something about this, but be cautious. The amount of money you'd potentially take is a loan until you actually file your taxes. H&R Block might cut you a check that day, but will also charge you for it - fees and interest.

Your best bet is to wait for your W2s and take advantage of the many Free File programs offered.

In the future, consider changing your withholdings to have them take LESS income taxes (withholding) out each pay period. Getting a refund is always nice, but wouldn't you rather see that money during the year?

Best wishes.

Answer 4

You should really wait for the W2. If you don't calc the pre-tax deductions correctly, you'll have to file an amendment. Better to just wait for the W2 to be sure. They have to mail them by no later than 1/31.

Answer 5

H & R are advertizing that you can, check it out. I'm sure they would have a web site with some info.