How to File Taxes Without Waiting for W-2

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Filing taxes without waiting for a W-2 to arrive in the mail is an unsafe practice, as some tax practitioners have tried to calculate taxes from a check stub. Wait for a W-2 from an employer before filing taxes with information from an IRS tax agent in this free video on personal finance.

Part of the Video Series: Paying Taxes
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Video Transcript

On this segment, we're going to talk about filing your taxes without waiting for your W-2. In past years, some tax practitioners would try to figure your taxes from your check stub year-to-date. It's a no-no now. You can't do it. It's been outlawed. So now you have to wait for that W-2. Your employer is obligated to mail that out by January 31st. Hopefully you'll get it timely and then you can do your taxes. Thank you very much.

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