Yes. You can see the worksheet by switching to the Forms mode (Ctrl+2) and looking at Form W-4 Info.
Generally, the number of withholding allowances on the state W-4 will match the Federal number. There's very little difference between state and federal withholding taxes. The main distinction is that state withholding is based on state-level taxable income, while federal withholding is based on federal taxable dollars. State withholding rules tend to vary among the states, while federal withholding rules are consistent everywhere throughout the United States.
