Your future landlord is one of the few people who actually need to know whether you are employed and how much you earn. After all, they need to be certain that you will be able to pay the rent. What’s more, they have had to deal with different kinds of people, and you can rest assured that they know the difference between the real pay stub and a false one.
But what happens if you don’t get your pay stub? Don’t worry. There is no need to panic. In the following article, we will introduce you to multiple ways you can prove your employment to the future landlord even if you cannot provide them with a real pay stub.
Profit and loss statement
If you have your own business, then you probably cannot provide this document. Yes, you can create one via a free paystub maker, but that may not be necessary. Instead, you can go with your business records in the form of a profit and loss statement. The document includes all your incomes over a certain period of time and then specifies all your expenses. The difference between these two amounts is the income you earn.
You can choose to create this document on a monthly basis, and it will be proof of your employment. In addition, it will be enough to reassure the landlord that your business is profitable and that you will be able to pay rent.
On the other hand, if they won’t accept anything but a real pay stub, as already mentioned, you can create one using an online free paystub maker. It is a fairly simple task, and you can find a step-by-step guide on this website.
Showing tax returns is another method small business owners use to prove their employment if they do not have a real pay stub. If possible, you should obtain tax returns for the past two years. This will not only demonstrate the success of your business, but it will also show that you are responsible and reliable.
The IRS form 1040 shows your annual income not just from your formal or day job but all the additional assets you may get from a non-salaried position.
These can act as another valuable proof of your financial stability instead of a real pay stub. Obtaining these is fairly easy because all you have to do is contact your bank. In addition, you can also get these online and download them as PDF documents right from your bank’s official website.
These will clearly show the money that comes in and leaves your account. Plus, it will also display the average funds you keep in your account. However, some people find this method to be intrusive, that is, too personal. Some people just don’t like the idea of showing this document to anyone, especially someone they have just met. If you also feel uncomfortable with this, you should look online for tips on how to make pay stubs and create one on your own.
If you have been recently injured on the job, and therefore, cannot continue working, you cannot obtain the real pay stub. However, there is one document that you can use as proof. That’s right. We are talking about the worker’s compensation form. In this case, you will have to contact your insurance company and ask them to issue a letter stating that you are currently receiving worker’s comp.
When you file for taxes every year, you need to have this document. You have probably heard that some people used their real pay stub to complete this task instead of a W-2 form. Well, did you know that you can use this document as confirmation of employment?
If you don’t have it in a physical form, and you use an online tax system, you can find it online. All you have to do is log in and download it. You can then print it and deliver it in person to the landlord or simply send it via email. Keep in mind that this is an official tax document, meaning that the chances of it not being accepted are quite low.
Letter from the employer
If for any reason, you cannot get the real pay stub, and you need it urgently, a simple letter can do the trick. You can either write this letter on your own or use an online template. It doesn’t really matter. The most important thing is to state correct information regarding your job and salary and have your employer sign it.
If your landlord isn’t too thrilled about this document, you can always get the one they need later on. As already mentioned, you can create one online, and all you need is a guide on how to make pay stubs. Just make sure to create one as soon as possible in order to avoid any future issues.
Miscellaneous Income Form
If you receive your assets from multiple sources, you can use the 1099 form. People who don’t have traditional employment or are self-employed use this form as proof since it can report a number of incomes from non-salary positions. People who get the money from royalties also file this form.
What if you currently don’t have a job?
Even though we have focused on people who are employed, we will also give you some advice on how to prove regular income if you are not. Just because you don’t have a traditional job, it doesn’t mean that you cannot obtain this document. That’s right. Maybe you are retired or receive disability benefits due to a previous injury.
If this is the case, all you need is a Benefit Verification Letter. When it comes to this one, you can get it from the Social Security Administration. It will demonstrate the reasons why you don’t have a job (disability or retirement), and it will act as confirmation that you are receiving monthly benefits. Clearly, it will include all the details and the exact sum of money you get every month.