New pricing for Premium plan
Everything accountants need to know about optional year end tax filing fees.
As of July 1st, 2024, during the process of suspending or canceling a client’s Gusto account, you’re now asked if you want Gusto to file the quarterly and year-end tax forms for this client for an additional fee. These fees are:
Federal forms: $100
State forms: $100 per state
W-2/1099: $5 per form
This service is optional, and you are under no obligation to purchase it . If you choose to have Gusto file the taxes, the additional fee will be included in the final invoice for this client. If you reactivate this client’s Gusto account within the calendar year, the filing fee will be refunded.
Learn more.
FAQs
Yes, filing fees will be charged since Gusto will prepare and file applicable state forms, form 940, and issue W-2s and 1099s.
Gusto will not file $0 wage returns on form 941 form if the cancellation reason is "My company is shutting down" or "My company is being acquired" or "My company no longer has employees to pay". Learn more in "What to know before you cancel >> Taxes and filings".
Yes, since Gusto will still file Colorado unemployment and withholding forms.
No.
Yes.
If the client un-suspends in the same calendar year, we’ll refund the filing fees within 2-3 business days, to the verified bank account on file.
No, Gusto will not mark federal, state, or local forms as “final”. Learn more here if your client is not going to run payroll in any state or locality anymore.
Refund expectation: We'll refund back to the company's verified bank account. At some point in the future, if the company doesn't have a verified bank account, we'll refund the bank account used to pay the original debit. Once refund is initiated, refund will follow standard ACH timeline, 2-3 business days.