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THIS QUESTION HAS BEEN ASKED AND ANSWERED MANY, MANY TIMES AND IS PART OF THE DATABASE. CORRECTLY USING THE SYSTEM WOULD HAVE PROVIDED THE ANSWER WITHOUT ANY DELAY. This has never been allowed excpet under certain situations when a W-2 isn't sent..when done, especially early, it is done as part of a loan process and not as your actual filing, that is universally denounced by all consumer groups (and even tried to be stopped by many States) as an abusive loan. See the discussion page at : 'http://wiki.answers.com/Q/When_can_you_file_taxes_using_your_last_paystub' You really can't even try to file until February 15th. Prior to that date you must make every reasonable effort to obtain a W-2 from your employer, who is required to mail or otherwise deliver your W-2 to you no later than January 31st. Not receiving a W-2, or any form for that matter, does not excuse you from reporting that information on your return..but not having them will delay processing. Also, you need any of the other forms (like 1099, from banks, etc), and if you do file with out them, there are additional forms you need to provide so the IRS can find out why whoever was to provide them didn't. Obviously this can delay the processing of your return....and if the amounts you showed don't exactly match what is filed (and employers frequently have some year end changes that will make your last stub in accurate), you would have to file an amended return to correct it...or expect nasty-grams and assesments from the IRS! Certainly no refund will be made until all that is cleared up...so trying to do things other than as the system wants, generally only delays things. Finally, if your wanting to do so early because you have a large refund coming...especially if that is common for you...you should file a new Form W-9, to change the amount of withholding being done so your not always having too much taken out of your check through the year.
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What is the importance of a check stub?
A check stub helps you keep track of your finances, vacation and sick pay, how much taxes you have paid, and also how much money you have made YTD(year to date)
Can youn file your taxes with your last check stub?
Ideally, your year-end W-2 statement from your employer should be used to calculate your annual earnings and deductions, etc.
What does ytd fed taxable mean on a check stub?
Year-to-date income that is taxable as federal income tax.
Can you file taxes on last paystub of the year?
No this is not allowed because some of the information on the last pay-stub that you have in your hand could be different from the information that is on the W-2 form that you and the IRS will have in hand shortly before the end of January. The information from the W-2 form will be what the IRS will be using when they process your income tax return.
Can you legally file taxes with your last check stub?
Absolutely. If you didn't even have a last pay stub, or a W-2, you still legally HAVE to file your income tax. When you do get the information on say a W-2, if it doesn't match what you filed, you will have to amend and correct your filing. However, you should wait for several reasons: The return likely won't be processed until the employer has filed all his reports (generally due by 01/31), and they can be matched to what your claiming. The information on the W-2 may have year end adjustments, additions, etc that don't match your last stub. Tha will delay your retuirn for a long time while the dicrepency is resolved - and rthen you will have to file an amended return. Some information you need to report, certain employer ID#s etc may not be available on a pay stub. If it is available, you are really required to use it or explain why you didn't have one, using another complex form. You want to use the best information available and follow the established process as best you can, or expect problems!
What is the earliest that you can file?
last pay stub of the year if they let u
What is the importance of a check stub?
A check stub helps you keep track of your finances, vacation and sick pay, how much taxes you have paid, and also how much money you have made YTD(year to date)
Can youn file your taxes with your last check stub?
Ideally, your year-end W-2 statement from your employer should be used to calculate your annual earnings and deductions, etc.
What does ytd fed taxable mean on a check stub?
Year-to-date income that is taxable as federal income tax.
Should your check stub show amount of year to date?
I don't believe there is even a requirement to have a check stub. It is done as a convenience. Most have current and YTD, at least when done by some system. handchecks may skip any extraneous work.
What is the importance of a check?
A check stub helps you keep track of your finances, vacation and sick pay, how much taxes you have paid, and also how much money you have made YTD(year to date)
Can you file taxes on last paystub of the year?
No this is not allowed because some of the information on the last pay-stub that you have in your hand could be different from the information that is on the W-2 form that you and the IRS will have in hand shortly before the end of January. The information from the W-2 form will be what the IRS will be using when they process your income tax return.
Examples of sentences using the word buy and last year?
Did you buy that coat last year?
How do you check if a dime has silver in it?
Check the date. 1964 was the last year for silver.
How long do you keep your paycheck stub?
You neither have to be given one or keep it. But it's probably a good idea to keep the current years one, and the first and last of every year.
Can you legally file taxes with your last check stub?
Absolutely. If you didn't even have a last pay stub, or a W-2, you still legally HAVE to file your income tax. When you do get the information on say a W-2, if it doesn't match what you filed, you will have to amend and correct your filing. However, you should wait for several reasons: The return likely won't be processed until the employer has filed all his reports (generally due by 01/31), and they can be matched to what your claiming. The information on the W-2 may have year end adjustments, additions, etc that don't match your last stub. Tha will delay your retuirn for a long time while the dicrepency is resolved - and rthen you will have to file an amended return. Some information you need to report, certain employer ID#s etc may not be available on a pay stub. If it is available, you are really required to use it or explain why you didn't have one, using another complex form. You want to use the best information available and follow the established process as best you can, or expect problems!
How do you find out how much you made in a previous year?
At the end of January or beginning of February your place of employment will give you a W-2 form that will state your earnings for the previous year and all the taxes you paid. You can look at the last pay stub of the year and it will also have all that information.
