Many tax forms require complicated calculations or table references to compute a key value, or may require additional information that is only relevant in several cases. Rather than incorporating the calculations within the primary form, they are oft offloaded on a separate worksheet. The worksheet may be incorporated within the filing package, or may only be a tool for the filer to get the value, but without requiring the worksheet to be filed.
As an example, in the US, income tax is withheld 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 overwitheld, the employee gets a refund for the overwitheld of taxes. There is a basic formula for estimating the taxes that require to be paid, but various tax elements may lead it to be incorrect, alike burdens, tax discounts, or income from another sources.
The W-4 form allows the employee to opt an exemption level to reduce the tax elementing (to avoid overwitheld), or define an extra amount over the basic number (to avoid underpayment). The form arrive with 2 worksheets, 1 to compute exemptions, or the other to compute the effects of another income (2nd job, spouse's job). The bottom number in each worksheet is utilized for fill out 2 if the lines in the primary W4 form. The primary form is filed with the employer, or the worksheets are disposed or held by the employee.
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