Does your wife work ? If no, 4 or 5 depending on if you want a tax refund, or to pay in a bit (which is actually better tax planning). How much do you make? [ 3 is very conservative, and you will have a large refund. ]
Husband 1, wife 1, baby 1, CTC Child Tax Credit $1,000 = 1... any traditional IRA planned? Also, because you are starting mid year, your overall income will be less.
you can go to irs.gov and use their exemptions calculator.
started a new job and I want to record the correct number of exemptions I should have filled out on the W-4 form. I am married. My wife and I file jointly. And we have 1 child.
If your wife doesn't have any income, you can put married, 5 or 6 allowances. If she has income also, put married but withhold at he higher single rate, number of allowances totaling 5 or 6 on both of your W-4s.
Here in blue ink and 3 is number to put in.
Search for a tutorial or consultant
YOU should claim all you can and she must claim only 1.
What did it say when you did the attached W4 worksheet?
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