Why cant I claim “exempt” on my w-4 tax form?
I agree with Bostonian that “7” seems to be the correct number for your W-4. Go to www.paycheckcity.com, there is a free W-4 calculator there. In our situation, my husband only works, I am a stay at home mom of 4 children, we claim “10” on our W-4 form, and we still get a huge refund due to the child tax credit of $1,000 per child.