Question

Write a memo from the Payroll Department to the commissioned employees, explaining why they should complete a TD1X and TD1X and when the forms must be completed. This memo is in response to several inquiries the Payroll Department has received from commissioned employees asking questions about the forms.

Answer 1

To: commissioned employees of Payroll Department
From: __________[name of Company]
Date: January 23, 2019
Subject: Completing TD1X forms and why it is Necessary

It has come to our attention that there has been a raised several Inquiries to the Payroll Department from Commisioned Employees regarding some Questions raised related to Filling and completing TD1X forms.

This Memo is been drafted to share the basic idea of such forms. The TD1 tax form is used to calculate the amount of income tax that will be deducted from your employment or pension income. It is called a personal tax credit return because it takes those credits into consideration. There are federal and provincial/territorial TD1 forms and worksheets.

Everyone should fill out a federal TD1 form. In addition, employees who claim more than the basic personal exemption have to complete the provincial/territorial TD1 form of their province/territory of employment. Pensioners who claim more than the basic personal exemption must complete the provincial/territorial TD1 form of their province/territory of residence.

If you get paid by commission and want to have less income tax deducted during the year because of your expenses, complete the TD1X, Statement of Commission Income and Expenses for Payroll Tax Deductions as well. If you are employed in Québec, use the federal TD1X and the provincial Form TP1015.R.13.1-V, Statement of Commissions and Expenses for Source Deduction Purposes.

Thank you for your cooperation!

Best,