Many tax forms need complicated calculations or table references to tally a key value, or may need supplemental 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 tool for the filer to figure out the value, but without requiring the worksheet to be filed.
As an example, in the United States, income tax is hold from the payments made by company to employees. If taxes are significantly unpaid, 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 estimating the taxes that require to be settled, but certain tax elements may cause it to be wrong, such as dependents, tax discounts, or income from other sources.
The W-4 form enables the employee to pick an exclusion level to degrade the tax elementing (to avoid overpayment), or specify an extra amount above the standard number (to avoid underpayment). The form comes with 2 worksheets, 1 to tally exemptions, or the other to tally the effects 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, or the worksheets are disposed or held by the employee.
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