You'll need to sign in or create an account to connect with an expert.
No, all versions of TurboTax are correctly updated for 2017. For 2017, the FUTA tax rate is 6.0%. The tax applies to the first $7,000 you pay to each employee as wages during the year. The $7,000 is the federal wage base.
-------------------------------------------------------------------------------------------------------------
There are two parts of FICA -- one for Social Security and another for Medicare -- and both are assessed differently.
No, all versions of TurboTax are correctly updated for 2017. For 2017, the FUTA tax rate is 6.0%. The tax applies to the first $7,000 you pay to each employee as wages during the year. The $7,000 is the federal wage base.
-------------------------------------------------------------------------------------------------------------
There are two parts of FICA -- one for Social Security and another for Medicare -- and both are assessed differently.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
schnelle
New Member
diaspora1010
New Member
TXW
Returning Member
eltonrsmith
Level 1
Guavalord54
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.