TD1 forms for Employees and Pensioners

The TD1 forms for 2015 are now available from Canada Revenue Agency.  If there have been changes which will affect your tax exemptions you should ensure that you complete these forms so that your employer (or other payer) will deduct the appropriate amount of income tax from your employment income or pension income.  New employees should always complete these forms.  For those working only part time, if your total income for the year will not exceed your exemptions, you should tick the appropriate box on the back of the form, so that your employer will not deduct any income tax from your pay cheques.

Other circumstances could require a change in the federal or provincial/territorial forms, such as getting married or divorced, uniting with or splitting up with a common-law spouse, turning 65, or becoming eligible for the disability tax credit.