Many tax forms need complicated calculations or table references to compute a key value, or may need extra information that is only relevant in several cases. Rather than merging the calculations into the main form, they are oftentimes offloaded on a separate worksheet. The worksheet may be combined into 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 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, or if they are overpayment, the employee gets a refund for the overpayment of taxes. There is a basic formula for assuming the taxes that need to be settled, but certain tax elements may lead it to be incorrect, alike burdens, tax discounts, or income from other sources.
The W-4 form allows the employee to opt an exclusion level to drop the tax elementing (to evade overpayment), or establish an additional amount over the standard number (to evade underpayment). The form arrive with two worksheets, 1 to compute discounts, or another to compute the effects of other income (second job, wife job). The bottom numeric 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, or the worksheets are discarded or kept by the employee.
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