If you leave your W-4 status as not claiming your son you will have a higher tax withdrawn and not owe at the end of the year.
TurboTax also gives you a calculator to prepare a W-4. You can alternate and submit it to your employer each year.
If you are trying to calculate W-4 for the year:
- Start at Other Tax Situations
- Scroll down to Other Tax Forms
- Choose Form W-4 and Estimated Taxes
- Continue through the interview
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This answer has been verified for accuracy by an Intuit expert employee
