This is a step-by-step guide that will help employees and employers understand how Federal TD1 form works in Canada and how to fill it out.
00:00 - Introduction
00:52 - What is a TD1 Form?
01:59 - How to Fill Out Your Federal TD1 Form
02:25 - Fill in Your Personal Information
02:36 - Line 1 – Basic Personal Amount
03:38 - Line 2 – Canada Caregiver Amount for Infirm Children Under 18
03:54 - Line 3 – Age Amount
04:39 - Line 4 – Pension Income Amount
04:57 - Line 5 – Tuition
05:09 - Line 6 – Disability Amount
05:28 - Line 7 – Amount for Support of a Spouse or Common-Law Partner
06:19 - Line 8 – Amount for an Eligible Dependant
06:56 - Line 9 – Canada Caregiver Amount (Infirm Spouse or Dependant)
07:47 - Line 10 – Canada Caregiver Amount (Dependant Aged 18 or Older)
08:43 - Line 11 – Amounts Transferred from a Spouse/Common-Law Partner
08:57 - Line 12 – Amounts Transferred from a Dependant
09:12 - Line 13 – Total Claim Amount
09:38 - How the TD1 Form Affects Your Taxes
10:33 - Under-deduction of Taxes
11:07 - Over-deduction of Taxes
11:54 - TD1 Form - Page 2
12:21 - More Than One Employer
12:58 - Total Income is Less Than the Total Claim Amount
13:17 - Completing the TD1 Form