My situation was a little different but might be helpful. My 2017 divorce had both alimony and child support. In 2022, we modified BOTH the child support and alimony amounts because my income changed dramatically. My accountant warned me that because we modified the actual alimony amount after 2018, I lost the grandfather status and can no longer deduct it! So based on my experience, if your modification only touched child support and left alimony completely alone, you should be fine. But if you modified the alimony amount or terms at all, even in the same document as the child support changes, you might have lost the deduction.

This is exactly the kind of complex tax situation where the details really matter. Based on what you've described, since your 2023 modification was specifically for child support (due to your oldest graduating college and youngest changing schools) and your divorce was finalized in 2018, you should still be able to deduct your alimony payments. The key question is whether your modification document touched the alimony terms at all. If it only addressed the child support calculation and left the $2,250 monthly alimony amount and terms completely unchanged, then you maintain your grandfathered status under the pre-2019 rules. However, I'd strongly recommend getting a definitive answer before your quarterly payment deadline. You might want to review your modification paperwork carefully to see if it mentions alimony at all, or consider reaching out to the IRS directly for clarification on your specific situation. The peace of mind of knowing for certain is worth it when you're dealing with $27,000+ annually in deductions.

Call the IRS directly if ur unsure about anything. Better safe than sorry

Another telltale sign of this scam is the timing - legitimate EIP payments ended years ago, so any new messages claiming you're eligible for a $1,400 payment should be an immediate red flag. The IRS doesn't send out surprise payments via text, and they definitely don't ask you to "provide accurate personal information" through suspicious links. Always remember: if it sounds too good to be true and comes through an unexpected channel, it probably is a scam.

Make sure you're thinking about estimated taxes too! With such a big income jump, your withholding might not cover everything, especially with two jobs. If you end up owing more than $1,000 when you file, you could face underpayment penalties. You can avoid this by either: 1) Withholding at least 90% of what you'll owe for the current year, or 2) Withholding at least 100% of what you owed last year (110% if your AGI was over $150,000). The second option is probably easier for you since your income last year was much lower. Just make sure your total withholding exceeds your 2022 tax liability and you should avoid penalties!

Congratulations on the huge income jump! That's an incredible achievement. A few additional thoughts to consider: Since you mentioned you're married as of June, make sure you update your filing status considerations. If your spouse also works, you'll want to coordinate your withholdings together to avoid surprises. The "married filing jointly" vs "married filing separately" decision could impact your overall tax strategy. Also, with $40k in student loans, don't forget about the student loan interest deduction! You can deduct up to $2,500 in student loan interest paid during the year, which phases out at higher incomes but you should still qualify at $120k combined income. One more thing - consider setting up automatic transfers to a separate savings account specifically for taxes. Even if you get your withholding perfect, it's good practice to have a tax buffer fund. Maybe start with $200-300 per month until you get a better handle on your actual tax liability. Better to be prepared than scramble to find money at tax time! The tools others mentioned (TaxR.ai for planning, Claimyr for IRS contact) sound helpful, but also consider meeting with a CPA for your first year with this income level. They can help you set up systems and strategies that will serve you well going forward.

Happened to me last year. Quick fix: file a new W-4 and put an additional amount to withhold on line 4(c). Calculate what you should be paying per paycheck and add a little extra to catch up on what you've missed. I use the IRS Withholding Calculator to figure out the right amount. Makes it super simple. Better to fix it yourself than wait for HR, tbh. Most payroll people aren't tax experts.

This is definitely a red flag that needs immediate attention! I went through something similar at my first job out of college and it's so stressful when you're just starting out. Here's what I'd recommend doing right away: 1. Contact your HR/payroll department first thing tomorrow with your W-4 copy in hand. Ask them to verify how your information was entered into their system. 2. If they can't fix it immediately, ask for a timeline of when it will be corrected. Document this conversation in writing (email follow-up). 3. Keep detailed records of every paycheck showing the missing withholding - you'll need this if there are any issues later. At $62k annually, you should expect roughly $200-300 in federal taxes withheld per paycheck depending on your pay frequency. The fact that they got Social Security and Medicare right suggests it's likely just a data entry error rather than something more concerning. If your employer drags their feet on fixing this, don't wait - you can always submit a new W-4 with additional withholding amounts specified to ensure you're covered going forward. Better safe than sorry when it comes to taxes!

17 Just wanted to add that I've been through this exact situation. Since you receive a K1, you should check if your partnership agreement allows for "unreimbursed partnership expenses" (UPE). If it does, you might be able to deduct some expenses on Schedule E rather than as home office deductions. The rules changed after the Tax Cuts and Jobs Act, and many partners miss this. Talk to the partnership's accountant specifically about how construction costs should be handled, because your situation is more complex than a typical home office scenario.

11 I just went through this with my tax advisor. Some of the construction costs might qualify for bonus depreciation or Section 179 expensing rather than 39-year depreciation. For example, if you install specialized electrical work for computers, dedicated HVAC for the office space, or built-in storage systems.