If your business has fewer than 10 employees, file a quarterly return. The question came from a Denver area man upset over a new fee that the city began imposing in order to process the occupational privilege tax. If an employee works in Denver for you and another business, the employee only needs to pay the OPT once. DENVER OCCUPATIONAL PRIVILEGE TAX RETURN. Period End. And, your business doesn’t need to be located in Denver. Businesses pay $4 a month in occupational privilege tax for each taxable staffer. Denver officially the City and County of Denver, is the capital and most populous municipality of the U.S. state of Colorado. The Glendale OPT applies to employees who earned at least $750 during a month working in the city. For more information, visit the City of Sheridan website. You can learn more by visiting the agency directly here. To Learn more about Denver OPT read the FAQ page here along with the Denver Treasury Division's Business Taxes page here and finally the official OPT tax guide here. If an employee has more than one Aurora employer, the employee can avoid paying OPT twice. Occupational privilege taxes can get complicated if an employee works at multiple locations or has multiple jobs. In Greenwood Village, the occupational privilege tax applies to employees who earn at least $250 during a month. The occupational tax is shared by the employer and the employee, as indicated below: Metro Denver Occupational Taxes. Contact Us, © Available for PC, iOS and Android. You will withhold this amount from each qualifying employee’s wages. Employees and employers both owe $2 in tax. Denver has a $500/month wage threshold which must be reached to determine if the employee is considered taxable in a given month. Fill out, securely sign, print or email your denver occupational privilege tax form instantly with SignNow. If you have fewer than 25 employees, file quarterly. People who are self-employed, owners, partners, or officers and they are not paid a salary or commission are subject to the employer OPT. The city of Sheridan occupational privilege tax is $3 per month for both employees and employers. Denver, CO 80261-0005 PAYMENT WITH Mail To COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0006 MAILING ADDRESS FOR FORM DR 0104 These addresses and zip codes are exclusive to the Colorado Department of Revenue, so a street address is not required. Local Tax (Occupational Privilege Tax) The Occupational Privilege Tax (OPT) consists of the employee occupational privilege tax and the business occupational tax. Signature (Required) Title Date. The business OPT is $4 per month per qualifying employee. Occupational Privilege Taxes in Colorado are essentially a “head tax” that is levied on most workers within jurisdictions that have the tax. A handful of cities in Colorado have a local tax called an occupational privilege tax. You must register for a Denver OPT tax license. Denver has a $500/month wage threshold which must be reached to determine if the … Colorado has extended the April 20, 2020, deadline for filing and paying state sales taxes to May 20, 2020. The return must be filed and payment made within 30 days of the due date. Patriot’s Full Service Payroll software will handle all your taxes, including your federal, state, and Colorado occupational privilege taxes. While many states and communities are trying to stimulate employment/job growth; Denver and many of the surrounding communities have a local payroll tax referred to as the Occupational Privilege Tax (OPT) which is essentially a per employee head tax on workers. NAME. city and county of denver treasury division wellington webb bldg. Media # Occupational Privilege Tax . We will withhold the Denver Employee Occupational Privilege Tax beginning with the month of _____, 20_____, and each taxable month thereafter while in our employ. Contact Us Line 2. Even if the employee requests that you don’t withhold the tax, both employers must still pay the employer portion of the OPT. The City and County of Denver occupational privilege tax is owed on employees who earn at least $500 in gross wages in a calendar month from work done within the city. NOTE: All businesses located in Denver or performing work in Denver, regardless of the length or duration, are required to pay the minimum $4.00 Business Occupational Privilege Tax (OPT) for each month even when there are no taxable employees. The employee might give you a Withholding Certificate/AOPT Form to request that you don’t withhold the OPT. You will withhold this amount from each qualifying employee’s wages. For more information about occupational privilege tax in Aurora, visit the city of Aurora website. Apr 9, 2020. The income threshold doesn’t apply, so pay the business OPT for owners and partners, regardless of how much they earn. Start a free trial now to save yourself time and money! Due to the State of Emergency and Stay at Home order, The Denver Department of Finance (DOF) will waive the 15% penalty for late payment of February and March sales, use, and occupational privilege taxes due March 20, March 31, April 20, and April 30 2020. Every year, the city mails coupon books to licensed businesses. Governor’s executive order allows for greater flexibility for business personal property tax filings. NOTE: All businesses located in Denver or performing work in Denver, regardless of the length or duration, are required to pay the minimum $4.00 Business Occupational Privilege Tax (OPT) for each month even when there are no taxable employees. Withhold $2 per month from the wages of qualifying employees. For example, one month an employee works 90 hours in Denver and 70 hours in Aurora. In Denver for example, an employee must pay $5.75 per month and their employer an additional $4.00 per month, just to have the \"privilege\" to perform work in the county. Tax Type. Employees and employers are both subject to an OPT of $2 per month. The wage threshold doesn’t apply to owners, partners, and officers. ACCOUNT NUMBER. Powered by Help Scout, Glendale Occupational Privilege Tax (OPT), Greenwood Village Occupational Privilege Tax (OPT), CIty of Sheridan Occupational Privilege Tax (OPT), appears to have issues with these local tax calculations. Businesses often are confused by the tax as the tax is imposed on businesses performing work in the City regardless if their main location is outside of the City/County lines. In Denver for example, an employee must pay $5.75 per month and their employer an additional $4.00 per month, just to have the "privilege" to perform work in the county. Denver Occupational Privilege Tax. Denver Occupational Privilege Tax Return. You will file on a monthly or quarterly basis. Don’t handle your OPT on your own. PRIMARY BUSINESS LOCATION . You can use a paper form or register online using the Denver eBiz Tax Center. And, the employer must also pay a portion. The business OPT must be remitted no matter what these individuals earn. The Occupational Privilege Tax (OPT) for Denver is $4.00 per employee to be paid by the employer. Denver Occupational Privilege Tax In Denver, an employee must pay $5.75 per month and their employer an additional $4.00 per month, for the privilege to perform work in the county. Five cities in Colorado have an OPT: Aurora, Denver, Glendale, Greenwood Village, and Sheridan. More details found on the cities website here. If you would like assistance registering for any of these agencies, please contact your account manager to discuss. Another issue that stumps even the most prudent revolves around the $4.00 per month a business must pay for each owner, partner, or manager engaged in business in Denver regardless of whether or not they are treated or paid as employees. The library wants to ensure that the Blair-Caldwell African American Research Library continues to be a welcoming and useful facility that serves the Five Points Denver neighborhood well for generations to come and continue to be a stellar historical and cultural center for African Americans in the Rocky Mountain West. If you had employees who worked in Aurora and earned at least $250 in gross wages during the month, you owe OPT. Include local/municipal fees, e.g. The threshold is the minimum amount an employee must earn per month in the city. To see the details for this agency visit here. The employee OPT is $5.75 per month. Withhold $3 from each employee’s wages and contribute a matching $3. • A new fee charging businesses $50 every two years to process the city’s occupational privilege tax ($1.4 million). Currently employers pay $4 per month for each employee and the workers themselves are liable for a fee of $5.75 per month. Greenwood Village has a $250 earnings threshold which must be met before a $2.00 per month employee tax and employer matching $2.00 tax is imposed. Each city sets an income threshold to determine which employees are subject to the tax. You will withhold $2 from qualifying employee wages per month. Divide your answer by 12. BUSINESS OCCUPATIONAL PRIVILEGE TAX … Start your free trial today! Businesses often are confused by the tax as the tax is imposed on businesses performing work in the City regardless if their main location is outside of the City/County lines. Not all cities in Colorado have an OPT. You will need to file your taxes on a monthly, quarterly, or annual basis. Employees do not need to live in Denver to be liable for the tax. Glendale has an earnings threshold of $750/month and the fee is $5.00 for the employee and a $5.00 employer match. 2020. The City and County of Denver levies an Occupational Privilege Tax (OPT or head tax… However, both businesses must pay the business OPT. Line 2. All businesses in Greenwood Village need an OPT license. Try our payroll software in a free, no-obligation 30-day trial. We are committed to providing timely updates regarding COVID-19. And, you will pay $2 per month for every qualifying employee. 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