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T2151 Form

T2151 Form

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hi I'm Debbie peverell and this is our annual video on how to fill in the td1 form this particular video is about the Federal Form there are also videos about two of the provincial forms the Nova Scotia one where I live and Ontario where we were asked to do a video on that so the purpose of the td1 form is for your employer to take the correct amount of income tax from your paycheck this is not your tax return and although there's a lot of things on the td1 form which have to do with your personal income tax return claiming it on the td1 form isn't the same as claiming it on your tax return so you know as I go through the various boxes that you need to fill in remember that if you make a mistake in this td1 form it doesn't affect your amount of taxes you're going to pay it only affects the amount of taxes your employer is going to take from your pay so if you get the correct amounts on your td1 form and your employer does things properly then in theory you don't owe any additional inc

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