I owe taxes bc I receive alimony. Can I claim more on myW2 to offset this for 2020? I currently claim 0.

[VolvoGirl]

Yes.  You can't claim less than 0 but you can have more withholding by adding an extra amount to withhold.  

[rjs · Accepted solution]

There is a new W-4 form for 2020. It doesn't use allowances anymore, so you no longer "claim 0" or any other number of allowances. The new form works differently. In January, use the IRS Tax Withholding Estimator at the link below to figure out what to put on your W-4 form to cover the tax on your alimony.

IRS Tax Withholding Estimator

[pk]

@mls2022 , if you are talking about 2020, Alimony income is not taxable to the recipient nor deductible to the paying  ex-spouse.   TCJA has changed the old rules.  Is this what you meant  or what ?   Of course , if your alimony income is based on a divorce agreement prior to Dec 31st 2018, then the old rules still apply.    SEE the  IRS clarification note  below :--

https://www.irs.gov/forms-pubs/clarification-changes-to-deduction-for-certain-alimony-payments-effec...

[rjs]

@mls2022

SuperUser pk has modified his reply to your question about alimony. The reply that you received in an email is not correct. Please return to the Intuit Turbo Real Money Talk web site to read pk's updated reply.