Question
Where do I enter 481(a) adjustment?
I have a negative 481(a) on 1120s from a change in cash to accrual. I have completed the 3115, as well as recorded as a permeant adjustment on the M-3. However, the return is still out of balance by this amount. The 3115 information is obviously not flowing into the 1120s, so where else do I need to record this adjustment?
