Many tax forms require complex calculations and table references to count a key value, or may require supplemental data that is only relevant in several cases. Rather than combining the calculations into the main form, they are oft offloaded on a several worksheet. The worksheet may be combined into 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 corporate 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 base formula for assuming the taxes that require to be settled, but certain tax elements may lead it to be incorrect, like dependents, tax deductions, or income from other sources.
The W-4 form allows the employee to select an exclusion level to bring down the tax %factoring (to evade overpayment), or set an extra amount over the basic amount (to evade underpayment). The form comes with 2 worksheets, 1 to count discounts, and the other to count 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 disposed or kept by the employee.
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