I live in Colorado, work for California employer. 2023 W-2 box 14 has a deduction labeled "COPL." Nothing in Turbotax's drop-down. Is "other deductible . . ." correct?
You'll need to sign in or create an account to connect with an expert.
Don't use other deductible state/local tax, use Other - not on list/not classified. It is right below other deductible state or local tax.
In TurboTax, enter the description (COPL) from your W-2's box 14 on the first field in the row. Enter the dollar amount and select the correct tax category that goes with that description.
If none of the categories apply, scroll to the bottom of the list and choose Other (not classified). If we need more information, we'll ask you.
Don't use other deductible state/local tax, use Other - not on list/not classified. It is right below other deductible state or local tax.
In TurboTax, enter the description (COPL) from your W-2's box 14 on the first field in the row. Enter the dollar amount and select the correct tax category that goes with that description.
If none of the categories apply, scroll to the bottom of the list and choose Other (not classified). If we need more information, we'll ask you.
That makes sense--thank you very much!!!!
COPL = Colorado Paid Leave. It is for paid family and medical leave in Colorado. Will turbo tax be updated to include this Category?
It is unlikely that TurboTax would be updated to offer COPL as a recognized code in box 14. Since the IRS makes available few defined entries for box 14, and because box 14 codes are used primarily for employers to communicate something to an employee, codes in box 14 can be just made up by the employer. This means that it is possible that other employers might use a different code than COPL for this purpose. This makes it impossible to know what the employer means by a particular code.
A quick look at the Colorado state website suggests that the state would prefer "FAMLI" as the box 14 code.
Why do I have any amount for Colorado Paid Leave? I didn't take any leave this year.
The Colorado Paid Leave amount on your W-2 are premium payments paid in order to be covered by Family and Medical Leave Insurance. It is a typically a shared expense with your employer based on .9% of your wages. This deduction is established by Proposition 118 and you cannot opt out of the program. For more information, click here.
Covered Colorado workers may receive up to twelve weeks of leave per year to for the various reasons listed here. You can use the FAMLI Premiums & Benefits calculator to estimate your potential benefit payment.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jjscw2
New Member
sedazz
New Member
Bob B51
New Member
likesky1010
Level 3
Nillabeam
New Member