psinca
Returning Member

Schedule H calculation error for 2021 taxes for FUTA?

Preparing Schedule H for 2021 Fed tax filing. Calculation for FUTA [Federal Unemployment Tax Act] in TurboTax seems incorrect at 0.6% when the tax rate for 2021 is 6%.  This seems to under-report FUTA tax owed by a factor of 10. Anyone else seeing this error? I've updated the software as of today.