Ok let me chime in here... Yes BRENDA you can add the formalin to the QT tank, it is not like copper which leaches into the tank. Just make sure you have a bowl or something to give the fish a rinse before you put him in the DT.
Raj is right about the procedure. Meth blue is best used with Formalin. The problem is that Formalin does not hold on to O2, hence the reason you HAVE to use an airstone. Meth bule helps solve that problem since it holds to O2. Also, you only dip 1 large fish or a few small fish at a time, again it is an O2 thing. Lastly, I recommend using a 5 gal bucket, it is easier on clean up. And you can put the lid on it slightly to give the fish extra darkness for stress prevention.
Ok what Raj did not answer was how much Formalin to use. The answer... 2tsp per gal of saltwater. This will give you 200ml/l of the good stuff. Do not sand over the bucket, do not snort this stuff, it is pretty nasty. Just throw it in, give it a mix and then put in the meth blue and then the airstone. You can use the dip over and over (in the same day), just make sure that you give about 15 min break in between for the airstone to "recharge" the water with O2.
Hope that helps guys.