Many tax forms need complex calculations or table references to calculate a key value, or may need supplemental information that is only relevant in some cases. Rather than merging the calculations within the primary form, they are often offloaded on a several worksheet. The worksheet may be merged within the filing package, or may only be a equipment for the filer to figure out the value, but without needing the worksheet to be filed.
As an instance, in the United States, income tax is calculated 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, or if they are overwitheld, the employee gets a refund for the overwitheld of taxes. There is a basic formula for estimating the taxes that require to be settled, but certain tax factors may cause it to be incorrect, such as dependents, tax deductions, or income from other sources.
The W-4 form enables the employee to pick an exclusion level to reduce the tax %factoring (to evade overwitheld), or specify an extra amount over the standard number (to evade underpayment). The form comes with two worksheets, one to calculate discounts, or the other to calculate the outcome of other income (2nd job, husband job). The bottom numeric in each worksheet is used to fill out two if the lines in the primary W4 form. The primary form is filed with the employer, or the worksheets are discarded or kept by the employee.
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