Colorado FAMILI

Previous Top Next


CO FAMILI withholding began Jan 1, 2023.

On the Setup tab, choose CO FAMILI as one of the deduction types.

The calculation for the employee contribution is built in, and is set at the maximum allowable rate (employer is not paying any of the employee portion).

 

If CO FAMILI is selected as one of the 'Deduction Types'

If the employer wishes to pay all of the insurance for a particular employee, mark the employee as exempt from the CO FAMILI deduction.

All employees are considered subject to CO FAMILI UNLESS the employee has been set as exempt from CO FAMILI AND the employee's State Tax Calculation is not CO.

 

If CO FAMILI is NOT selected as one of the 'Deduction Types'

If the first employee is set for CO State Tax Calculation, ALL employees are considered subject to CO FAMILI for reporting purposes, with the employer having elected to pay all of the employee's share.

 

NOTES

We do not offer a calculation for cases where an employer wishes to pay part of the employee's CO FAMILI obligation.

The State Tax Calculation for Employee 1 (the first employee) determines the state for report purposes.

An employer cannot 'catch up' on any part of the employee CO FAMILI obligation.

If the employer elects to pay any employee tax, such as CO FAMILI, the amount the employer pays for the employee becomes additional taxable income to the employee (which raises the taxable wages for all calculations).  We do not offer any calculation to add the amount the employer pays for the employee to taxable wages, so we suggest not to do so. If you wish to pay the employee portion, increase their pay by the desired amount, to 'cover' the deductions.