Congratulations on having a new baby!
You can use the IRS Tax Withhholding Estimator found here: https://www.irs.gov/individuals/tax-withholding-estimator
It is a tool that you can use for updating your W4 so that your employers can withhold the right amounts. By using the tool, you will take into account all the tax benefits that are due to you as a result of looking after the child such as:
- the credit for child and dependent care
- the child tax credit
- the Earned income tax credit
You may find additional useful information in the link below:
https://turbotax.intuit.com/tax-tips/family/birth-of-a-child/L26LBBTkd
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