What do I use with the last paycheck stub to get an estimate of my tax return if I dont have my W2?

Answer 1

First look at gross pay for the year to date (YTD or other abbrieviations may be used). Then you need to lookup any deductions that were made for 401(k) retirement savings and health insurance premiums (unless you elected these payments to be made after tax).

Using the above, take year to date gross and subtract year to date 401(k) and subtract year to date payments made for health insurance.

Then, assuming you have no other income (like interest, dividends, asset sales, side jobs (non W2 work), tips, commission, etc.), take that number and subtract 8450 (single and standard deduction). This new number, use to look up in the tax tables how much a Single filer would owe in tax. Take that tax number and subtract the amount withheld for Federal tax from your last paystub from the year to date column.

If the ending number is positive, then you owe :(. If the ending number is negative, whoopeee, you get money back.

Almost forgot, subtract 30 more. That's a telephone tax refund that EVERYBODY gets. 30 is for one person.

Answer 2

look at your last pay stub. in the Year to Date column, there should be Gross Wages and/or Taxable wages. you would input the taxable wages amount on your tax return. if you dont have this amount, use your Gross wages and subtract any contributions to a 401(k)plan or any other payments made pre-tax, like health insurance/cafeteria plan.

use the Federal withholding Year to date for your federal tax return. use the State and Local Withholding for your state tax return (if applicable)

you dont do anything with FICA, Medicare payments

Answer 3

USe your stub along with the 1040 booklet. It (the pay stub) will tell you your federal and state tax amount paid along with your gross amount.

Answer 4

Gross Pay YTD, and Taxes withheld.