Colorado calculation 2025

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  1. Click ‘Get Form’ to open the Colorado Calculation in the editor.
  2. Begin by entering the 'Gross Pay' for the specified period. This is your total earnings before any deductions.
  3. Next, input any 'Deductions Required by Law'. This includes taxes and other mandatory deductions that reduce your gross pay.
  4. Calculate 'Disposable Earnings' by subtracting the deductions from your gross pay. Enter this amount in the designated field.
  5. Input the 'Statutory Exemption' amount, which is a legally defined portion of your earnings that cannot be garnished.
  6. Determine the 'Net Amount Subject to Garnishment' by subtracting the statutory exemption from disposable earnings.
  7. If applicable, enter any 'Wage/Income Assignment' amounts that may further reduce your net amount.
  8. Finally, calculate and enter the 'Amount Paid', ensuring all calculations are accurate before signing and dating the form.

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