Many tax forms need complex calculations or table references to tally a key value, or may need supplemental data that is only relevant in some cases. Rather than merging the calculations into the main form, they are oftentimes offloaded on a several worksheet. The worksheet may be incorporated into 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 instance, in the US, income tax is taken from the payments made by corporate 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 base formula for estimating the taxes that require to be settled, but some tax elements may cause it to be wrong, like burdens, tax discounts, or income from other sources.
The W-4 form enables the employee to choose an exclusion level to lower the tax %factoring (to avoid overwitheld), or define an additional amount over the standard number (to avoid underpayment). The form comes with 2 worksheets, 1 to tally discounts, or the other to tally the outcome of other income (2nd job, wife job). The bottom numeric 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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