The TD1 Personal Tax Credit Return is a form used to determine the amount of tax to be deducted from an individual's employment income. This relieves the individual of the responsibility of putting money aside and forecasting how much tax they will owe and eventually have to pay to the Canadian Revenue Agency (CRA). In addition to the federal TD1 form, there are also provincial ones specific to each province.
GigHound uses the base values for each year's TD1 as set by the CRA. If you require any changes to the information, such as dedication amounts, please contact GigHound support and we will create a custom TD1 to meet your needs.
For more information, please visit the Government of Canada website.