JamesG1
Expert Alumni

Investors & landlords

If the IRS form 3115 Application for Change in Accounting Method is requesting a change for your personal tax return which includes the IRS Schedule E for a residential rental, you will report the name of the filer taxpayer and the home address reported on the IRS form 1040 income tax return.

 

If the Part IV Section 481(a) Adjustment  will be reported on your current year IRS form 1040 income tax return, then the date requesting the change in accounting methods is December 31, 2023.

 

The Instructions for IRS form 3115 may be found here.

 

If you purchased Live Tax Advice, you may want to contact that service for assistance.

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