nguyenqha2693
Level 1

Filling amount claimed as 0 on TD1 forms at both jobs

Hi everyone,

I have a question that hopefully, someone can help answer. I have two jobs and filled out their respective TD1 forms at the start of last year. I just realized I had mistakenly put the amount claimed as 0 on all the TD1 forms. In other words, I didn't claim the tax credit amount allowed on either job. So throughout the whole year, looks like I was deducted more tax than I should have been for both jobs. 

 

My question is since it seems like I got deducted more tax than I should have been, will the CRA recalculate the right amount and refund me the portion I shouldn't be deducted, or am I screwed?

 

Looking forward to getting some helpful answers!

‎February 3, 2023 4:15 PM
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TurboTaxSusan
Moderator
Moderator

Credits and deductions

Yes, if you paid too much tax on your pay cheques, then this will be compensated for on your tax return. You’ll either get a refund, or have your taxes payable reduced.

‎February 3, 2023 4:36 PM
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nguyenqha2693
Level 1

Credits and deductions

Thanks for the quick response Susan! That’s great to hear! I guess it makes sense that they would recalculate it anyways also in case someone put the incorrect amount right? 

‎February 3, 2023 5:12 PM
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