Many tax forms need complex calculations and table references to compute a key value, or may need additional data that is only relevant in some cases. Rather than incorporating the calculations within the primary form, they are oftentimes offloaded on a separate worksheet. The worksheet may be incorporated within the filing package, or may only be a equipment for the filer to get the value, but without needing the worksheet to be filed.
As an instance, in the United States, income tax is hold from the salary made by corporate to employees. If taxes are significantly unpaid, 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 assessing the taxes that need to be settled, but some tax elements may cause it to be incorrect, like burdens, tax deductions, or income from another sources.
The W-4 form authorizes the employee to choose an exemption level to lower the tax %factoring (to avoid overpayment), or set an additional amount over the standard amount (to avoid underpayment). The form arrive with two worksheets, one to compute exemptions, and the other to compute the effects of another income (second job, spouse's 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, and the worksheets are discarded or held by the employee.
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