Year-End Reminder: Tax Form Handling Instructions Due Next Week


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 Friday, November 12.

This task includes making a decision as to 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 these instructions and more in your year-end guide, linked below. The printed guides are currently in production and will arrive at your credit union shortly! As always, be sure to keep up with your Month End Processing Tasks as well.

2021 Year-End Processing for Online Credit Unions

2021 Year-End Processing for Self-Processing Credit Unions

Year-End Training Information

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

Tuesday, November 16

6:30 AM –8:00 AM PT

Wednesday, December 8

12:00 PM – 1:30 PM PT

Register Here