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The TD1 forms are used in Canada for tax reporting and filing purposes. The forms are known as the Personal Tax Credits Return. These forms are available to be used to file both federal and provincial or territorial taxes in Canada. The TD1 forms were recently updated, and the new forms must be used from 2014 on.
These forms will require personal information about the filer. Detailed financial information will also be required. The TD1 form will come with a worksheet that the taxpayer can use to determine how much they can claim on their tax credits form. This information will be used to help the taxpayer determine how many taxes they may owe in addition to what has already been deducted.
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