Year-End Task Reminder: Tax Form Handling Instructions Due Monday!

The first year-end deadline is fast approaching! Many credit unions have already completed this task; make sure your credit union stays on track and avoids a fee by completing the Tax Form Handling Instructions (Tool #916) for online credit unions, or returning the Tax Forms Archival Instructions form for self-processing credit unions, before Monday, November 9.

This task includes making a decision on whether or not you wish to print substitute 1099-INT forms on member statements, so don’t delay!

After the deadline the instruction screen will lock and you will need to contact the Client Services and Education team for assistance. Failure to complete year-end processing tasks prior to the assigned deadline may cause your credit union to incur a fee. You may be contacted by a member of our teams to ensure that you will not have trouble meeting the deadline.

Find instructions and more in your year-end guide, linked below. As always, be sure to keep up with your Month End Processing Tasks as well.

2020 Year-End Processing for Online Credit Unions

2020 Year-End Processing for Self-Processing Credit Unions

Year-End Training Information

This year, CU*Answers will offer three sessions of training, combined for both Online and Self-Processing clients. Approximately 15 minutes at the end of each training will be dedicated to self-processor year-end tasks.

Thursday, November 12

2:30 PM – 4:00 PM ET

Tuesday, November 17

2:30 PM – 4:00 PM ET

Wednesday, December 9

2:30 PM – 4:00 PM ET

 Register Here