Question

Can I submit my 2019 tax return today December 27, 2019 using my last paycheck info instead of my W-2?

Forum|Forum|6 years ago
December 28, 2019
1 reply
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Will the IRS process it this early as the IRS says the 2019 Tax rules have not been finalized?

TurboTax Online

Employee

No! The IRS won't open Efiling until Jan 15. And Turbo Tax won't let you submit it until Jan 3.

You cant file until you get your actual W2. Your employer has until Jan 31 to send it to you. And your W2 usually does not match you paystubs. There are several pre-tax deductions that can affect it.

And don't file early! Last year (for 2018) the IRS put out some late changes and some early filers got tax due notices after they got their refund. Also if you file in an early batch they get stuck in processing and might even take longer to get your refund.

And You should wait because you might get a late W2 or 1099 in the mail. They have until Jan 31 to send you the tax forms. Or they may send you a corrected W2 or 1099 even later.

macuser_22

Employee

First the values on the paycheck and W-2 almost always differ somewhat and the IRS wants an exact match. (For example: Your paycheck (or paystub) will show your total wage. The W-2 box 1 will show the *taxable* wage, that can be different, and the non-taxable part will be reported in other boxes on the W-2.)

This can delay any refund by weeks.

You also will not know what to enter for the various boxes on the W-2.

Employers had until Jan 31 to issue the W-2. If it is different you will probably have to amend which takes about 4 months to process.

IRS regulations require you to either attach a copy of the W-2 to your mail tax return or have it in your possession if you e-file. The IRS can ask you to send them a copy of the W-2 even if you e-file so you must have it.

If you mail file then you are required to attach a copy of the W-2 to the tax return or the IRS will return it to you unprocessed. While you are not required to submit W-2's with e-filed returns, you still must have the W-2 in your possession since the IRS can ask for it when they review your e-filed return.

If you do not receive your W-2 by February 14, then you can use your paycheck and file a 4852 form, but you must follow the IRS rules in order to do so.

[Paraphrased from IRS rules]
Can you file without having received your W-2? Yes, but only if you have not received it by the end of February, and you have contacted your employer and attempted to obtain it, and you still have not received it then you contact the IRS (see the link below), then if the IRS is not successful in getting your W-2, you can use form 4852 in place of your W-2. But you MUST speak to the IRS before doing so. Otherwise, you cannot file before you receive your W-2.

https://www.irs.gov/newsroom/irs-can-help-taxpayers-get-form-w-2-0

**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.**