If you’ve requested advance payment of the qualified sick and family leave credits and the employee retention credit from the IRS by filing form 7200, this must be reported to Gusto.
It's important we record amounts from any Form 7200 that is filed so that we will not continue to apply the credit on future payrolls or request it as a refund at the end of quarter. For more information on IRS form 7200, click here.
Customers that have filed IRS Form 7200 are required to report to Gusto:
To do so, follow these steps: