Can I Use My W2 Income Statement as Proof of Income for a New Apartment?

After you submit your application for an apartment, your landlord is going to ask to see proof of your income. This is done to help them see whether you can financially afford the apartment or not. They will not take your word on this because they will have no idea on whether this is something that you can afford or if you will be late on the rent or not make a payment after a few months. They want to see physical proof that you make at least three times the rent, or they will pick out a different tenant.

Most potential tenants are going to provide the landlord with a pay stub to show off their income. This can provide a look at how much the potential tenant makes and even shows their employer information so the landlord or property manager is able to check that out as well. This is easy to do, either handing over the physical copies you have or printing some off online and then you are good to go.

However, not all potential tenants work at a job that is going to provide pay stubs at all. Or maybe you have jumped around jobs a few times, so pay stubs do not really provide a good look at your financial health. In this case, the landlord or property manager can take a few other forms of proof as well, including your W2 statements.

Every year, you are going to get a W2 statement from your employer. This is done to help track your income and most individuals are going to use it to help with filing their taxes. You can sometimes get this online or your employer is going to send it to you. If you are close to the beginning of the year and have just gotten the W2 without income change, then this can be a good option to provide to your landlord. Just make a copy and they can check your income before letting you move in.

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