Did you know you can get your tax adjusted if you have a second source of income? If you have two source of income then your income bucket is high and you essentially paying tax paying tax on both of your incomes. No! Stop! change that!
The things that we are afraid to do most is research. That’s why we reach out to our tax professionals (which isn’t bad) or we don’t do anything. The point I am making is, we don’t research.
All you need to do is fill out a TD1 form both Federal and Provincial and send it to your payroll team. They will help you adjust your taxes so you are not taxed doubled.
Here is your step by step guide to how to fill out the form:
I learn something new every day and I hope you do with me!
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