Many tax forms require complicated calculations and table references to tally a key value, or may require extra information that is only relevant in some cases. Rather than merging the calculations within the main form, they are oftentimes offloaded on a several worksheet. The worksheet may be merged within the filing package, or may only be a tool for the filer to get the value, but without requiring the worksheet to be filed.
As an instance, in the USA, income tax is hold from the salary made by employers to employees. If taxes are significantly underwithheld, there is a penalty to the employee at the end of the year, and if they are overpayment, the employee gets a refund for the overpayment of taxes. There is a basic formula for appraising the taxes that need to be settled, but several tax factors may cause it to be wrong, such as dependents, tax discounts, or income from another sources.
The W-4 form enables the employee to opt an exemption level to drop the tax %factoring (to avoid overpayment), or assign an extra amount over the standard amount (to avoid underpayment). The form arrive with two worksheets, 1 to tally discounts, and another to tally the outcome of another income (2nd job, husband job). The bottom numeral in each worksheet is used to fill out two if the lines in the main W4 form. The main form is filed with the employer, and the worksheets are disposed or held by the employee.
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