As faithful readers know, my inbox fills up quickly. While it’s impossible to respond personally to each of your letters and messages, I often choose questions to answer here, which I believe will be of interest to a large number of readers.
Dear Cheapskate: I just went back to work after being a stay-at-home mom for five years. And since my husband and I both earn about the same in salary, I’m unsure who should claim our son as an exemption on our W-4 forms. Should we both claim him or just one of us, and how will that affect our taxes next year?—Puzzled in Peoria…