Question 1

Can I use my last past stub and file my tax return without my W-2?

Accepted Answer

No, you cannot file a return using your last pay stub.
Your last paycheck stub is not guaranteed to be accurate to what's listed on your W-2, and it could be missing some information that you need to file a full tax return. If you file a return that has wrong or missing information, you could be required to file an amended return. This could cost you more in tax preparation fees and could increase the amount of time it takes for the IRS to issue a refund.

Question 2

When should I receive my W-2?

Accepted Answer

Employers are required to send employees their W-2s by January 31st. If  you don't receive a W-2 from your employer (or former employer) by then, your first step should be to contact them and request a replacement.

Question 3

What is the cost of a refund advance?

Accepted Answer

A refund advance of $500-$7,000 currently has an APR of 35.99%. For example, for an advance of $2,000 with a repayment period of 30 days, the total amount deducted from your refund would be $2,059.16 (includes the advance and interest).

Question 4

Is there an age limit on claiming my child as a dependent?

Accepted Answer

To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test:

To meet the qualifying child test, your child must be younger than you and either younger than 19 years old or be a "student" younger than 24 years old as of the end of the calendar year.
.There's no age limit if your child is "permanently and totally disabled" or meets the qualifying relative test.

In addition to meeting the qualifying child or qualifying relative test, you can claim that person as a dependent only if:
You provided more than half of their financial support.
They are a U.S. citizen, a U.S. national or a U.S. resident alien.
They lived with you for more than half of the tax year.

Question 5

How long does it take to receive my refund?

Accepted Answer

The IRS states officially that it "issues most refunds in less than 21 days, although some require additional time."

However, the PATH Act stipulates that the IRS must hold refunds for filers who claim the earned income credit or the additional child tax credit until February 15.

Question 6

How do I check the status of my refund?

Accepted Answer

To check the status of your federal tax refund with the IRS, visit Where' My Refund.