I wanted to claim Exempt from federal on a few paychecks, will I be OK when it comes to file taxes? I have 3 child dependents and one adult dependent.

[adougherty4]

I claim Head of House Hold, and qualify for Earned Income Credit. 

[Critter]

NEVER claim exempt ... instead simply add a few more exemptions to line 5 of the W-4.  And as to being OK that depends on your annual tax situation ... if this is not OK for the entire year and you forget to change it back then this can have some ugly results later. 

Try these tools to see what the proper withholding should be:

http://www.irs.gov/Individuals/IRS-Withholding-Calculator

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

http://turbotax.intuit.com/tax-tools/calculators/taxcaster