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State specific payroll information

Occupational Privilege Tax (OPT)

The Occupational Privilege Tax (OPT), used by Denver, Colorado, and many of its surrounding communities, is a tax levied on employees and employers (via an employer match amount). The employee per-month fee and employer match fee vary from city to city.  To learn more about a city's current rates and calculations, visit the following city websites.

Set up the client

  1. Select
    Setup
    ,
    Clients
    , then the
    Main
     tab.
  2. Add and verify the client’s location within an OPT city.
  3. In the Payroll Taxes tab, select
    Local
    .
  4. In the
    Local
     window, mark the
    Nexus
     checkbox for both the employer and the employee tax.
    note
    The OPT tax is listed twice in the Colorado section of the
    Taxes grid
     in the Payroll Taxes tab.

Set up the employee

Select the work location in the main tab of
Setup
 then
Employees
.

Process payroll checks

The OPT tax automatically calculates based on the number of hours entered in the employee's primary work location when entering payroll checks individually or in a batch.

This article applies to:

  • Product: Accounting CS
  • State: All states
  • Subject: Payroll checks,Payroll tax forms

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