Colorado Dual Scenario Salary Paycheck Calculator Results

The flat rate for Colorado withholding is 4.4% for 2024. There’s a deduction that gets taken off the annual wages before calculating the 4.4%: this is the Annual Withholding Allowance option in the calculator’s State and Local Taxes section. If it's left as 0, the calculation falls back to a default value based on the filing status set in that section. These values are defined in DR 1098 step 2a:

• Married filing jointly: $9,000
• Single and all others: $4,500

For example, if the gross weekly is $1,000 and filing status is single:
$1,000 x 52 = $52,000
$52,000 - $4,500 = $47,500
$47,500 x 4.4% = $2,090
$2,090 / 52 = $40.19

Colorado then rounds to the nearest dollar, so $40 is withheld.

SUI (State Unemployment Insurance), also known as SUTA (State Unemployment Tax Act), are payroll taxes that employers, and in some states employees, have to pay to their state unemployment fund. These contributions support unemployment payments for displaced workers.

In our paycheck calculators, SUI is used to refer to the unemployment tax paid by the employee. AK, NJ, and PA have an employee unemployment tax.

Find Colorado’s unemployment insurance tax rates in our Payroll Resources SUI section.