Our witholding allowances for 2018 were 7- Married, filing jointly, 2 children and 2 jobs. As of last week, I am no longer working, and we want to adjust our withholding allowance- According to the IRS calculator, it should be 5 based on the new info. If we take it down to 4, will we be loosing a large chunk from our one remaining income? Thanks.
