Her UITL-3 'NOTICE OF EMPLOYER LIABILITY AND UNEMPLOYMENT INSURANCE ACCOUNT NUMBER' was issued in September of 2004 when she hired her 1st employee. We may be looking at different notices from the State of Colorado. As long as the Total Combined Rates match, everything should be in balance.

It's the combined number that is used by the the CO Dept of Labor Site to calculate your payment due, which is made payable to the Colorado State Treasurer. For my wife's businees, they are both under the 'Payroll Liabilities' Liability Account and the 'Payroll Expense' Expense Account. Although the Items have different Type and Tax Tracking entries in Quickbooks, they both apply to the first $10,000 each emploee is payed, and the Payee and Account Number are the same.

Just curious, is your Total Combined Rate not 3.12%.Īssuming QuickBooks payroll has created the same 2 items for you, I don't know where the issue is. Item 9 is the Tax Surchrge and is a positive 0.22% Item 11 is the Solvency Tax Surcharge Adjustment which is listed as 0.60% but since it is subtracted from the other elements of her rate to calculate the Total Combined Rate, it is effectively a negative number. As I listed in my post, she has 2 surchage items listed on her UITR-7.

I am just a retired engineer, not an accountant, but based on what I have heard at a Colorado Workshop, I would have expected any new employer to be subject to the same CO Unemployment Rate structure that my wife's business is subject to.

Colorado unemployment tax form uitr 1