2024 Personal Tax Credits Return. Employer/ payer uses the td1 personal tax credit return to determine the amount of income taxes to be deducted from employment income or other income. Fill out this form based on the best estimate of your circumstances.
In this video, i will walk you through the federal td1 personal tax credits return form for the year 2024 in canada. If your net income at line 23600 of your return is $165,430 or less, enter $15,000 on line 30000.