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Level 3
February 23, 2023
Question

Form 3115 for mandatory accounting method change?

  • February 23, 2023
  • 1 reply
  • 8 views

I used to expense R&D immediately, but now it is mandatory to capitalize and amortize per new rules. Do I need to attach 3115 even though the change is mandatory and not optional? 

 

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1 reply

sjrcpa
Level 15
February 23, 2023

No. IRS prescribed a statement in lieu of the 3115.

The more I know the more I don’t know.