Yes

Follow up questions...

1. Can we change status back to "single", even though we're married?
2. When filing taxes next year, do I enter our filing status as "single"? Or "married, filing jointly"?

Thank you so so much for making this easy for me to understand.

And I'm not supposed to change it back to single once it's in this rate, correct?

FML. My employer didn't explain this, but I should've been more on top of this as well. Thank you and will be doing this ASAP.

I wasn't aware I had to do this. We've had two jobs since December of 2020 but this multiple job step 2 stuff you're bringing up is new to me. Could you please clarify?

We both have married filing jointly.

I do not claim any dependents on my W4 and everything else looks like it's zero.. She claims 1 dependent on her W4 and everything else is 0

My wife files a Married filing jointly as well. However, she claim's 1 dependent.

I can claim 2 children. My 3 year old and my 1 month old son (born on 12/31/22).

I just looked at that. Last year they withheld $11,500 in federal taxes.

This year only $5,988 was withheld and I don't know why!