Hi,
My wife and I have incomes of 73k and 67k before they are pummeled with taxes. We have 3 children we can claim as they are under 17 years of age. My wife and I work in the same company but different buildings.
What exactly should we put into our W4? Do we check the box in 2c? Do we include our 6k credits for our 3 children? We are curious if checking the 2c box will completely deplete our monthly income.
Any insight and help is appreciated. We feel super unsure of what to do in order to not owe the IRS a large sum of money. We'd like to break even or get a little bit of a refund.
original posted by GoddamnRelapse to r/personalfinance on Wed, 20 Mar 2024 11:39:49 GMT.