Hello,
I am married with one child and my wife and I file our tax return jointly every year. I recently got a new job and entered "married, filing jointly, with one dependent" on my employer's W-4. However, after receiving a couple paychecks, I'm not sure if enough taxes are being taken out of my gross paycheck.
My question(s) is this: I want to avoid owing taxes to the government come tax filing season. What is the best way to fill out my W-4 to have enough taxes withheld, avoid owing and or getting audited, given the fact that my wife and I file jointly and have one child? Also, will we still get a child tax credit when we file our taxes in 2023?
Thanks!
Will
