@dimitri771 wrote:
It shows that we need to take 3, but I heard that 2 is a good number. M-2.
"I heard" is not usually a good source of tax advice. The estimator on the IRS web site is a much better source. Did "I heard" take into account your filing status, your income, your wife's income, how much you've already had withheld this year, and other things the estimator asks about that might affect your withholding for the year? Did "I heard" ask you how big a refund you want to get?
But pay attention to the "Special Note for 2020" on the first screen of the IRS Withholding Estimator. If you change your withholding now, be sure to check it again at the beginning of 2020. You might have to adjust it again for 2020.
