married , both working , no children. what should I put on my w-4 and what should my spouse but on her w-4 .?

Question

one income is higher than the other. Inorder to adoid paying at year-end or get refund, is filling married or filling married but hold with a higher rate help for both of us. Please explain to me what we need to do on both of our w-4.

Answer 1

Here's a link to the IRS withholding calculator.
It should give you the answer.

http://www.irs.gov/individuals/article/0,,id=96196,00.html