New 2024 TD1 and TD1ON Personal Tax Credit Forms

New 2024 TD1 Federal and Provincial personal tax credit exemption amounts are effective January 1, 2024.
Your current Federal and Provincial exemption amounts on file for 2024 are printed on your pay statement in the Tax Data section. These are the amounts used to calculate your income tax payable for the 2024 taxation year. Check your first pay statement with a January 2024 deposit date to review.
Please complete new 2024 TD1 (Federal) and TD1ON (Provincial) Personal Tax Credits Return Forms if one of the following scenarios applies:
- claiming other than the Basic Personal Exemption amount
- changing your current claim to the Basic Personal Exemption amount
- requesting Additional Tax deductions (recommended if your net income from all sources will be greater than $173,205)
We encourage all employees who have previously made an election of exempt to review their personal tax situation and submit updated forms to HR if required. New tax forms can be downloaded from the Payroll & Tax webpage, TD1 Federal form and TD1ON Provincial form.
Forward completed/signed Federal and Provincial forms to hr.mcmaster@mcmaster.ca.
CHANGE OF ADDRESS
Please update any address changes in Mosaic via the Personal Details tile in the Employee Self Service section to ensure information is kept up-to-date at all times.
Payroll