I had my daughter in 2023. I updated my w-4 in late 2023/ early 2024 to put that I have 2 dependents. I kept everything else the same, married, filing jointly, spouse has a job, and 2 dependents (my kids). For some reason my federal taxes stayed withheld was lower by about $2000. Roughly they held $2700 in 2023, but last year they only held $570. Is this normal? I called my HR to confirm my w-4 is correct and they confirmed it is correct. My Medicaid and SSN taxes stayed roughly the same. Just federal taxes lowered. Is this normal? Is there something I’m missing? Or should I expect to pay that difference when I file in a week or so?
