most tax forms require complex calculations and table references to calculate a key value, or may require supplemental information that is only relevant in several cases. Rather than incorporating the calculations within the main form, they are oftentimes offloaded on a different worksheet. The worksheet may be combined within the filing package, or may only be a instrument for the filer to figure out the value, but without needing the worksheet to be filed.
As an instance, in the US, income tax is withheld 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 overwitheld, the employee gets a refund for the overwitheld of taxes. There is a basic formula for assessing the taxes that need to be paid, but certain tax factors may cause it to be incorrect, alike burdens, tax discounts, or income from other sources.
The W-4 form authorizes the employee to pick an exclusion level to reduce the tax %factoring (to evade overwitheld), or establish an extra amount over the standard amount (to evade underpayment). The form comes with 2 worksheets, one to calculate discounts, and the other to calculate the outcome of other income (2nd job, husband job). The bottom numeral 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, and the worksheets are discarded or held by the employee.
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