2025 Year-end Road Map
Use this road map to guide your end-of-year processing: IRS Forms Processing and Reporting, General Ledger Closing, and other Year-End tasks.
First, we strongly recommend that you print and read the four attachments to this posting.
- Click here for the IRS Forms Letter for 2025.
- Click here for the IRS Electronic Filing Transmittal Sheet for 2025.
- Click here for the CAMS-ii Year-End Checklist.
- Click here for the After Year-End IRS Tax Forms Checklist.
This road map is divided into two sections: Before Year-End Processing and After Year-End Processing.
Before Year-End Processing
+ Fill out the IRS Electronic Filing Transmittal Sheet.
+ Return the IRS Electronic Filing Transmittal Sheet to CBS per the instructions on the sheet.
+ Complete steps 2 through 12 on the Before Year-End Checklist section of the Year-End Checklist by December 15th.
+ On December 30th/31st, review the reports again that are mentioned in the Before Year-End Checklist section of the Year-End Checklist.
After Year-End Processing
+ Review/Change the IRA/HSA settings under Back Office > Standard > Parameters > Control-IRAs/Control-Health Savings. (See the After Year-End IRA/HSA Checklist section of the Year-End Checklist for more details.)
+ Complete the After Year-End Closing the General Ledger section of the Year-End Checklist.
+ Complete the After Year-End IRS Tax Forms Checklist.
+ Before 1/15/2026, if your CU has any 1099-NEC forms, create the IRS Electronic Files for CBS (See the How To Export the IRS Tax Data Files to CBS Services section on page 5 of the IRS Electronic Filing Transmittal Sheet).
+ After 2/15/2026, create IRS Electronic File for CBS for all other IRS forms (See the How To Export the IRS Tax Data files to CBS Services on page 5 of the IRS Electronic Filing Transmittal Sheet).
Please submit any questions regarding this road map and/or its attachments to the CBS support via our ticketing system (CTT).