I am married with one child.

Our combined gross income is 110k

Wife files as a "0" on her W-4 ----- she hasn't changed jobs since we first married five years ago so it has always be a "0"

I currently file as a "2" on my W-4...


Question is, Are we having TOO MUCH?TOO LITTLE tax taken from our pay??

I am unclear as to the impact of having more/less allowances claimed.

How MUCH is being withheld from each check, and on WHAT pay period?