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The W-4 worksheet is 4 pages long and can be confusing especially the part where both spouses have income ... try these tools instead :
http://www.irs.gov/Individuals/IRS-Withholding-Calculator
https://turbotax.intuit.com/tax-tools
http://turbotax.intuit.com/tax-tools/calculators/taxcaster
You should have been provided instructions with that W-4. They are clear and understandable. If you wern't provided instructions then you can get them at https://www.irs.gov/pub/irs-pdf/fw4.pdf
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