Check with your HR department, but I know in NY, at least a few years ago, it was possible to change the number of dependent's on your W-2 - -at any time you want.
However, once you change it - it stays changed to that until you change it to something else (A few years ago, a friend had changed his to a rather high number, and forgot to change it back) and got hit with owing a ton on their taxes.
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