Table of Contents
Introduction .......................................................................................................................................... 1
Method of Accounting .......................................................................................................................... 1
Filing an Amended Return ................................................................................................................... 2
Changing Accounting Method .............................................................................................................. 3
Form 3115 ........................................................................................................................................... 4
Understated Depreciation on Disposed Asset ...................................................................................... 4
§481(a) Adjustment ............................................................................................................................. 5
Conclusion ........................................................................................................................................... 5
Example .............................................................................................................................................. 5
Appendix ............................................................................................................................................. 6