most tax forms need complex calculations or table references to compute a key value, or may need additional information that is only relevant in several cases. Rather than combining the calculations within the main form, they are oft offloaded on a different worksheet. The worksheet may be merged within the filing package, or may only be a tool 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 hold 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 base formula for appraising the taxes that require to be settled, but several tax elements may cause it to be wrong, such as burdens, tax deductions, or income from another sources.
The W-4 form permits the employee to choose an exemption level to reduce the tax %factoring (to avoid overpayment), or set an extra amount over the basic amount (to avoid underpayment). The form arrive with 2 worksheets, 1 to compute discounts, or another to compute the effects of another income (second job, husband job). The bottom number 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, or the worksheets are discarded or held by the employee.
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