Working with new employer and completing W-4. Looks different than last time I completed it. Below is my scenario and wondering how many allowances to claim;
Married, two children, filing jointly and one source of income (mine) which is less than 100,000.
I see on the worksheet Lines A-C are very simple and I’ve claimed “1” per line. However, Line E, Child Tax Credit is confusing. Says “4” for each eligible child. Does that mean 8 allowances just for Line E by itself and a total of 11?? Can’t be right. Need help.
Thank you.
posted
last updated
July 30, 2018
9:47 AM