Yes, the Internal Revenue Serviceu2019s draft Form W-4 for 2023 eliminates withholding allowances.Instead, an employee will write the employeeu2019s amount of interest income and other nonwage income not subject to withholding; the amount of itemized tax deductions and other tax deductions; the amount of child tax credit and other tax credits; and income from their own and their spouseu2019s other jobs.Employees who do not want to report all of this personal financial information to their employer can use the Internal Revenue Serviceu2019s online calculator and write the figure from the online calculator on the form instead.https://www.irs.gov/pub/irs-dft/...