Next year my child’s mother and I will start trading off on who can claim her as a dependent. We now split her time 50/50.
I usually claim 2 on my federal for the past 6 years she has lived with me. I noticed I claim 1 on my state; I’m not sure why they’re different. Maybe I forgot to change them both to 2.
Can or should I adjust my w4 every year now?
I want to maximize my take home pay without owing money at tax time.
What should I be claiming, for both federal and state?