Funds Transferred (Eft) Program For Tax Payments Instructions Page 3
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45. The system will prompt you to enter the phone number or email address of the person making the transaction.
6. The system will inform you of the first day this payment will be deducted from your bank account. The system will ask
if you wish to use this, or a future date.
7. The system will confirm the payment amount, the bank account that will be debited, and the payment date.
8. The system will then give you a confirmation number for your records.
Required Tax Payment (TXP) Addenda Convention, For ACH Credits
The following convention contains the format, data content, and implementation requirements for organizations to initiate
an ACH credit tax payment. This record format is to be used with the National Automated Clearing House Association's
(NACHA) CCD+ application. The format is used in the free form field of the CCD+ addenda record. Not all financial
institutions will process ACH credits. Contact your financial institution for information.
TXP Addenda Layout For The Electronic Payment of Colorado Taxes
Field
Field Name
Data
Min/Max
Contents
Number
(Data Elements & Separators)
Element Type
Characters
Segment Identifier
TXP
3
Separator
1
*
TXP01
Taxpayer Identification (EFT Number)
AN
1/15
_ _ _ _ _ _ _ _ _ _
Separator
1
*
TXP02
Tax Type Code
ID
XXXXX
1/5
Separator
1
*
TXP03
Tax Period End Date
YYMMDD
DT
6/6
Separator
1
*
TXP04
Amount Type (Tax)
ID
"T"
1/1
Separator
1
*
TXP05
N2
$$$$$$$$¢¢
Amount
1/10
If paying penalty and interest include TXP06 through TXP09. (Only required if tax does not require filing a form.)
Separator
*
TXP06
Amount Type (Penalty)
ID
"P"
1/1
Separator
*
TXP07
N2
$$$$$$$$¢¢
Amount
1/10
Separator
*
TXP08
Amount Type (Interest)
ID
"I"
1/1
Separator
*
TXP09
N2
$$$$$$$$¢¢
Amount
1/10
Terminator
1
\
See sample on page 4.
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