This really depends on your goal and financial situation. Do you want a refund? Do you want to break even? If you both claim exemptions and married you may end up having too little withheld.
You can use the TurboTax Calculator built into the program that already has all of your information to help you figure out the best way to fill in your W4 so you don't end up owing.
To access this calculator, click on
- Federal
- Other Tax Situations
- Go to Other Tax Forms
- Start next to Form W-4 and estimated taxes
You can also use the TurboTax W-4 Calculator at the following link. https://turbotax.intuit.com/tax-tools/calculators/w4/
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