Issue/Symptom/Question

How do I set up Colorado Paid Family Leave (CO-FML)?

Applies To

PENTA for Windows

Payroll > Setup > Taxes > Payroll Tax Maintenance

Resolution/Fix/Answer

This new tax type will be available with the 2022 EOY Tax Kit.

Colorado Paid Family and Medical Leave is a state mandated tax on employers and employees up to an annual limit. For details please visit Home | Family and Medical Leave Insurance (colorado.gov)

In order for PENTA to calculate the tax correctly and not have any errors during payroll processing the CO-FML tax needs to be set up:

• Navigate to the Payroll Tax Maintenance window and query CO-FML

• Review the General tab according to the tax regulation - see below:

• Open

  

  Update the Rates tab

  • State/Province will be CO

  • Earnings limit and rates must be set. You need to look up the limit and rates and set appropriately. PENTA does not maintain the limit and rates.