Worker's Compensation & S Corp Officers - Colorado

While an s-corp officer is considered an employee & subject to unemployment and other employment taxes, they can elect to exempt themselves from Worker's Compensation coverage by either completing an exemption with Pinnacol, Traveler's or other carriers. If the s corporation has no other employees besides officers, the DOL instructs officers to complete the CO WC-43 exemption form and file with the Division of Worker's Compensation.

More information on Worker's Compensation available in this Colorado Employer's Guide to Worker's Compensation.

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