Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Form 3115 for mandatory accounting method change?
Form 3115 for mandatory accounting method change?
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Fat Poutine
Level 3
02-23-2023
03:11 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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?
Labels
1 Comment 1
sjrcpa
Level 15
02-23-2023
03:29 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No. IRS prescribed a statement in lieu of the 3115.
The more I know, the more I don't know.
