asked

I am married with two children and another on the way. Last year, my W4 was filled out as married but withheld at a single rate, claiming one exemption for myself. I want to change it to married, filing jointly, and claim my two children since I am the higher earner between me and my wife. I am having trouble understanding step 2 on the new W4 form, which I apparently need to fill out because my spouse also works. Can you help me understand this step?

October 15th, 2023

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