Many tax forms require complex calculations also table references to calculate a key value, or may require additional data that is only relevant in some cases. Rather than combining the calculations within the main form, they are oftentimes offloaded on a several worksheet. The worksheet may be incorporated within the filing package, or may only be a equipment for the filer to get the value, but without needing the worksheet to be filed.
As an example, in the US, income tax is hold from the salary made by corporate to employees. If taxes are significantly underwithheld, there is a penalty to the employee at the end of the year, also if they are overpayment, the employee gets a refund for the overpayment of taxes. There is a base formula for appraising the taxes that require to be paid, but certain tax factors may cause it to be wrong, such as burdens, tax discounts, or income from other sources.
The W-4 form allows the employee to pick an exclusion level to lower the tax elementing (to evade overpayment), or set an additional amount above the standard number (to evade underpayment). The form arrive with 2 worksheets, one to calculate exemptions, also the other to calculate the outcome of other income (second job, husband job). The bottom number in each worksheet is utilized for fill out 2 if the lines in the main W4 form. The main form is filed with the employer, also the worksheets are disposed or held by the employee.
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