I recently decided to correct my W-4 to minimize my tax refund. I reviewed my paycheck, publication 15, and state withholding instructions to understand the formula used to calculate the tax withheld.
I know that with the federal W-4 the worksheet is used as a guideline, adjusting it based on your specific tax situation is frequently suggested.
My question is that on my state's equivalent form, there is no optional worksheet area. Claiming the "incorrect" number of exemptions would require a math error or stating I will have dependents. Arkansas form AR4EC
Lower on the form it states
I certify that the number of exemptions and dependents claimed on this certificate does not exceed the number to which I am entitled.
Do I have to explicitly follow the instructions on this form and enter a "1", or can I enter a higher number based on my calculations (and the logic that as long as I do not owe money at the end of the year, I was 'entitled' to this lower amount of withholding)? Should I enter the additional number on Line 2 so that the math for line 3 is correct, or leave line 2 blank?
As a data point, California's form uses the same "entitled" verbiage however it comes with a worksheet and explicitly states it should be used for claiming additional allowances because of expected deductions.