Can You File Taxes With Your Last Pay Stub?

Filing taxes on time is the most critical concern and an obligation for all. Most of the time, when you want to file tax returns for the year, and you don’t have W2 forms, whether you or the employer misplaced them or they have not been provided to you yet, we consult with Tax Experts and get their advice on how to file taxes with your last pay stub legally.

Filing Taxes with a Last Pay Stub and Without a W-2 Form 

You can file your taxes with your last pay stub of the year; however, you need a form 4852, and You have to inform the IRS first if you are choosing this route of filing taxes. Additionally, you can file tax returns with Form 4852 online, known as e-filing;

otherwise, you will have to follow the traditional printing method and send the form via mail. It is worth noting that e-filing is free for anyone with a gross income threshold of $57000.

You may find the process complicated, but don’t worry; we are here to help. Before going further, let’s understand the Pay Stub and W2 form in more detail below.

Also Read: Dollar General Express Hiring Portal

What is a Pay Stub?

A Pay stub or pay Slip is a document provided by an employer to an employee that lists all of the salary details, including Gross wage, Deductions, Net Pay, Contributions, Paid time off (PTO), Pay rate, withholdings, and other details. Learn the importance of understanding Pay Stubs below.

Why Understanding Your Pay Stub Matters

It’s crucial to understand a Pay Stub because you have to track where your money is going and ensure that you are compensated fairly. You can track deductions, taxes withheld, and contributions. The stub also serves as proof of income, which is required by banks when you take loans or by property owners when you want to acquire a rental property.

What is the W-2 Form?

The IRS W2 Form, or the “Wage and Tax Statement,” shows employee income and taxes withheld from the prior year. Employers must send a W2 form to every employee who is paid above $600 annually and a copy to the IRS as well. You may receive the form at the end of the year and have to submit it to the IRS in January.

How to get a W-2 Form?

Employers are required to provide a W2 by January 31st. Nowadays, many employees provide W2s online. If you have not received a form, inform your employer.

You can also get a W2 form by visiting the IRS website Irs.gov and heading to the W2 section.

Request a Replacement W-2 Form from the DGme

You can request a W2 directly from your HR or payroll department or order one from the DGme (Dollar General Employee Portal).

Mistakes to Avoid When Using a Pay Stub for Tax Filing

It is wise to file taxes with a W2 because it’s a standard practice, as instructed by the IRS. Generally, the Pay Stub must have the required information so that you may look for a W2 first. 

It is important to review all of the information filled in a form so that you don’t make a single mistake.

Form 4852 – Alternative

If you have tried your best to get a W2 but are unable to, you should choose Form 4852. Filing taxes with Form 4852 is difficult, so you must be very careful. It should be your last option if you do not get a W2 by January 31st.

Seek Help from a Tax Professional

We always recommend seeking consultancy from Tax experts if you are filing with Form 4852 because any error can attract penalties, and you may delay receiving tax refunds.

Also Read: Dollar General Employment Verification

Conclusion about Can You File Taxes With Your Last Pay Stub

We learned how do you pay your taxes using the last pay stub early with DGme. According to our research, it is indeed possible to file taxes with or without a W2 and with the last pay stub. However, one has to be very careful with every step of the filing process. Everything needs to be mentioned accurately to avoid any problems, and it is always recommended to get help from Tax Consultants.