Jpet
Level 1

W4 withholding question

Hello,

 

My wife and I file jointly and have two dependents. The last two years we've been in a one income household and besides noting the dependents, I'm not doing any additional withholding. We've gotten healthy refunds the last two years, but would like to try to get it as close to zero as possible. My wife also began working this year. Can you advise on how we can fill out our W4s to reduce tax witholdings?

 

Thank you!

-JPet