Many tax forms require complex calculations or table references to compute a key value, or may require additional information that is only relevant in several cases. Rather than merging the calculations into the primary form, they are oftentimes offloaded on a different worksheet. The worksheet may be combined into the filing package, or may only be a tool for the filer to figure out the value, but without requiring the worksheet to be filed.
As an instance, in the United States, income tax is withheld from the payments made by company to employees. If taxes are significantly unpaid, there is a penalty to the employee at the end of the year, or if they are overpayment, the employee gets a refund for the overpayment of taxes. There is a basic formula for assessing the taxes that need to be paid, but certain tax factors may lead it to be wrong, alike dependents, tax discounts, or income from another sources.
The W-4 form permits the employee to pick an exclusion level to reduce the tax elementing (to avoid overpayment), or specify an additional amount above the basic number (to avoid underpayment). The form arrive with 2 worksheets, 1 to compute exemptions, or the other to compute the outcome of another income (2nd job, spouse's job). The bottom number in each worksheet is utilized for fill out 2 if the lines in the primary W4 form. The primary form is filed with the employer, or the worksheets are disposed or held by the employee.
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