Many tax forms need complicated calculations or table references to tally a key value, or may need supplemental information that is only relevant in some cases. Rather than merging the calculations into the main form, they are oft offloaded on a different worksheet. The worksheet may be merged into the filing package, or may only be a equipment for the filer to get 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 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 overwitheld, the employee gets a refund for the overwitheld of taxes. There is a base formula for appraising the taxes that require to be settled, but certain tax elements may lead it to be incorrect, alike dependents, tax deductions, or income from another sources.
The W-4 form permits the employee to opt an exemption level to lower the tax %factoring (to evade overwitheld), or establish an additional amount above the standard amount (to evade underpayment). The form arrive with 2 worksheets, 1 to tally discounts, or the other to tally the outcome of another income (second job, husband job). The bottom number in each worksheet is used to 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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