Hello, I am having the same issue here with the FLI amount.
Below is more information that I found online about New Jersey's FLI maximum amount.
Based on everything that I am finding online, my W-2 is correct and TurboTax should to be updated to reflect these changes.
Employee 2020 SUI-TDI-FLI tax rates
According to the Department's website, the following employee rates are in effect for the remainder of 2019 and for calendar year 2020:
- SUI-employee. Employers must continue to withhold employee SUI taxes through December 31, 2019 from employee wages earned up to the SUI taxable wage base of $34,400 at the worker SUI rate of 0.425% (includes the 0.0425% Workforce Development and Supplemental Workforce Fund surcharge). The rate continues at 0.425% for calendar year 2020, on wages earned up to $35,300. Based on the 2020 taxable wage base of $35,300, an employee's maximum SUI contribution for 2020 will be $150.03.
- TDI. The TDI rate continues at 0.17% through December 31, 2019 and increases as of January 1, 2020 (for calendar year 2020) to 0.26%. Based on the increased 2020 taxable wage base of $134,900, up from $34,400 for 2019, an employee's maximum TDI contribution for 2020 will increase to $350.74, up from $58.48 for calendar year 2019.
- FLI. The FLI rate continues at 0.08% for the remainder of 2019 and increases as of January 1, 2020 (for calendar year 2020) to 0.16%. Based on the increased 2020 taxable wage base of $134,900, up from $34,400 for 2019, an employee's maximum FLI contribution for 2020 will be $215.84, up from $27.52 for 2019.
