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What is a TD1 and TD1ON Form?

April 26, 2017form TD1

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What is a TD1 and TD1ON Form?

2 Answers

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A TD1 form is the federal personal tax credits return. The TD1ON is the provincial personal tax credits return. These forms are required in order for Payroll to determine the rate of tax used to calculate payments to the employee. It lists, with a short explanation of each, the credits allowed for individuals (e.g. basic personal amount, spousal amount, age amount, tuition fees and education amount, etc.

0

Posted

A TD1 form is the federal personal tax credits return. The TD1ON is the provincial personal tax credits return. These forms are required in order for Payroll to determine the rate of tax used to calculate payments to the employee. It lists, with a short explanation of each, the credits allowed for individuals (e.g.