Too many allowances; Very High tax bill

[Trixie]

We married on 12/18/15. We both changed our allowances to 2 each on our W4 after following the advice on the worksheet.I started doing our taxes, Married filing jointly and I see we way underpaid and owe over $10,000 in federal taxes. How many allowances should we choose to avoid this next year? I'm panicking by the way....

[LeeM]

You can use the TurboTax W-4 calculator by selecting the link below to determine how many allowances to claim:

https://turbotax.intuit.com/tax-tools/calculators/w4/

[Trixie]

I used the calculator and still came up with two allowances. I'm very confused.

[LeeM]

Did you have any additional income (1099, 401k cashout,etc)? If not, I would review your W-2 entries to make sure the income and tax amounts withheld are correct.

[abeatty44]

Doesn't this mean that you and your spouse should claim 2 in total.   It sounds like you have 4 in total as there are 2 on each of your w4