What If I am caught using fake stubs?

Caught using fake paystubs

Your pay stub is one of the most crucial documents you will own. Proof of income is necessary for many applications like home loans, personal loans, etc. However, it is essential to hold the true pay stub. Using a pay stub to falsify your tax income or a loan isn’t among them. Among plenty of reasons to use a free paystub generator, one reason is to generate a valid stub.

In the United States, many people work under the table and earn trillions of dollars. Also, they are not paying tax, which is ultimately not right. The penalty for creating a false pay stub can prove severe if they make a lot of money.

 

what happens if you are creating a false pay stub?

Using fake stubs to access loans?

One of the reasons people create fake stubs is to access secure loans. A lender or bank will usually request several pay stubs from a borrower as proof of income is the best way to figure out how much of a loan a borrower can afford.

As long as you can clean the loan, you will not notice any problem. However, falsifying proof of income for a secure loan can be big trouble. Falsifying loan documentation is a form of fraud. The act is most likely to result in jail.

Using a fake stub for a loan can lead one to serious illegal issues. What’s worse is that you could end up owing more money than you can ever repay in a lifetime.

For this reason, you should never generate a fake pay stub to access a secure loan.

Fake stub for insurance or government?

Whether you are creating a stub for self employed or self-employee, creating a fake stub to get an insurance company or government to do what they want them to do is also an illegal act. If you are considering using a pay stub for these two reasons, you should keep in mind that these acts are fraud. Moreover, lying about your income is one of the 12 pet peeves of the IRS.

Don’t let someone drag you into the trouble

Someone else might try to convince you to make a fake stub such as your accountant in some situations. If you ever find yourself in such a situation, get away from that person as quickly as you can. Your accountant’s job is to advise you on legitimate solutions to your financial issues. There is no reason they should recommend you doing a false action of generating a fake stub. Instead, you should be able to hear requests for creating W-2 paperwork forms.

Here is another instance of why you should consider using a free pay stub template for creating stubs without negative consequences.

The good news here is that you can easily identify fake stubs. Knowing how to identify fake paystub will ease your job and relives your worries.

Know your employer

You could find yourself in trouble for a fake stub not because of any of your actions but your employer. Again, there are several reasons why your employer will commit such a serious illegal act. For an instance, their business may not be 100% legitimate. Also, your employer provides you real service, but they are not providing the right portion of your taxes as required by law.

In case you suspect something wrong with your pay stubs, it’s a good idea to seek the advice of a lawyer. This again gives a reason to use a free check stub maker with calculator that is 100% free from any scam.

Final thoughts

You can now see how using a fake stub can lead to illegal issues and penalties. You can, however, avoid the issues by using a free paystub generator and verifying whether you have an original or a fake pay stub. Verifying stubs will make your life easier and better.

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