Hello,
I'm completing a W-4 for a new job that I'll be starting. I'm married, filing jointly, and have 1 child under 17.
Step 3 of the W-4 form states "If your total income will be $200,000 or less ($400,000 or less if married filing jointly): Multiply the number of qualifying children under 17 by $2000..." I believe we will be making more than $400,000 in 2023. Does that mean we can't claim any dependents?
Thank you
