Instaccountant

Instaccountant Canada

Personal Tax Credits Forms: TD1

The TD1 form is a federal and provincial tax form used in Canada. It’s used by employers to determine the amount of income tax to withhold from an employee’s paycheque based on their tax situation. The form includes information such as the employee’s tax credits, deductions, and personal exemptions, which can all impact the amount of tax they owe.

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