IRS revenue procedure 2022-14 (pages 321-324) says that the statement that you prepare 'is considered a Form 3115".
The requirement to file the duplicate copy of the 'considered Form 3115' is waived.
Per page 322, the statement must include the following information:
- (i) the designated automatic accounting method change number for this change, which is “131”;
- (ii) the taxpayer’s name and employer identification number or social security number, as applicable;
- (iii) the year of change (both the beginning and ending dates);
- (iv) the Series E, EE or I U.S. savings bonds for which this change in accounting method is requested;
- (v) a statement that the taxpayer will report all interest on any U.S. savings bonds acquired during or after the year of change when the interest is realized upon disposition, redemption, or final maturity, whichever is earliest; and
- (vi) a statement that the taxpayer will report all interest on the U.S. savings bonds acquired before the year of change when the interest is realized upon disposition, redemption, or final maturity, whichever is earliest, with the exception of any interest income previously reported in prior taxable years.
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