I'm a foreign worker in Canada. I filled out TD1 when I started to work 2 years ago, and did put a full amount in "7. Spouse amount", because my spouse did not work at that time. Now I'm doing tax return for last year, and just realized that my spouse worked couple months last year without updating TD1. On CRA website it says, "Employees who do not fill out new forms may be penalized $25 for each day the form is late up to $2500".
I did not know about update obligation. I haven't filed last year's tax return yet. Is it too late to change? Am I going to pay $2500 penalty? What should I do?
All you need to do is get in touch with your Human Resources person to complete a new TD1. Nothing to worry about.
DWill139
New Member
innisfail20
New Member
dioria
Level 2
bottomturkey
New Member
sgb1234
Level 2
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.