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Chapter 21. QuickBooks and Payroll Taxes > Common Problems with Tax Figures

Common Problems with Tax Figures

Following is a look at a few typical situations that cause your liability account to report inaccurate numbers.

Federal Unemployment Tax Seems High

If the amount that you owe for Federal Unemployment tax seems higher than you expected (you see how much your FUTA tax is when creating a Form 940), you probably forgot to apply the state contributions tax credit.


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