I use Audacity to digtalitize my record collection. Whenever I go to record there is a loud hiss. My Turntable is the Audio-Technica AT-LP60X. Can anyone help with this?
You’re probably using two preamps, one in the UFO plus one in the turntable.
Try switching the UFO202 to “line”, or bypass the preamp in the AT-LP60X. (I think the switch is on the back of the turntable.)
There is just a switch saying Line or Phono on the back of the Turntable. I switched the ufo to line and the Turntable to phone and it records really quiet now. If i switch both to phono it records loud and bassy
Actually, if I turn the table to phono and the ufo to line, no audio comes out
If i change both to line it records quiet
That’s probably OK. Run Audacity’s Amplify effect after recording and if it sounds OK, you’re good! The LAST thing you want is for the signal to be too hot and then you get clipping/distortion.
The switches sort-of have opposite meanings but they should both be set the same.
On the turntable, Phono means that the built-in preamp is bypassed. Line means the preamp is enabled and you’re getting a line-level output (like from a CD player, etc.).
On the Behringer, Phono means the preamp is enabled and Line means the preamp in the Behringer is bypassed.
The phono preamp has two functions: It boosts the signal from the phono cartridge by about 100X and it applies RIAA EQ which boosts the bass and cuts the highs (the opposite of what’s done when cutting the record).
The humming noise is still present when I do this. I dont know to fix this and am frankly getting upset. Thanks for your response, though.
Power line hum can be a difficult problem. 
Turntables are more susceptible to hum because the preamp amplifies it, and because the phono cartridge is high-impedance.
Hiss usually comes from the preamp and it’s often audible when you turn it up. Because of the RIAA EQ the hiss will be stronger in the bass range.
But usually the worst noise comes from the record itself. There is always some low-level hiss/crackle that you can hear between songs and sometimes there is nasty 'snap", “crackle”, and “pop”.
…Welcome to analog! 
I can understand your frustration. I assume you can listen to your LPs normally ie your turntable is connected as part of a hi-fi system. If so, I would suggest taking output from your amp into the Behringer - set to the Line setting - and then connecting via USB to the computer for recording. If that still produces noise, maybe you have a faulty UFO202.