Important: Tax Year 2017 Instructions for Submitting IRS Forms Using the CBS Service for IRS Electronic Filing

NOTE: These procedures are applicable for only those credit unions choosing to use the CBS
Service for IRS Electronic Filing.

CBS DOES NOT PRINT IRS tax forms.

Because your members may find errors in the IRS Forms that they receive from you, please DO NOT NOTIFY CBS that your IRS Forms are ready for submission to the IRS UNTIL February 15, 2018, and no later than February 28th, 2018, and you have ensured that all your IRS Forms are correct.

Click here for information on the IRS Tax Forms that was posted here on November 9, 2017. On page 5 of the document, it states the following concerning exporting IRS Forms for CBS to upload to the IRS.

Do not perform these tax data exporting procedures until:

1. The CAMS-ii year-end batch processing has been completed.
2. Any/all applicable IRS tax data proof listing reports have been reviewed for accuracy.
3. Any/all applicable maintenance to the members IRS tax data has been completed.
4. Any/all IRS tax forms have been processed (i.e. printed and/or sent electronically)
   delivered to the members, and any necessary corrected tax forms have been processed.
5. February 15th or after… Do not export your IRS files any sooner than February 15th.

Please contact CBS Support with any questions concerning this posting.