@avinash82 wrote:
Is the above procedure correct, @tagteam?
No, it is absolutely not correct, @avinash82.
You do not file an amended return (1040-X) for any prior year with your 3115.
Rather, you file Form 3115 with your current year's return to make the Section 481(a) adjustment on this year's timely filed return.
See https://www.irs.gov/instructions/i3115#idm140516454118016
I know you do not want to hear this, but I firmly believe you need to seek professional guidance with respect to this issue and probably should have your return professionally prepared.
