trade or business, see section 6.02(6) of Rev.

For example, the common parent corporation of a consolidated group is the filer when requesting an accounting method change for another member of that consolidated group (or a separate and distinct trade or business of that member), and the other member (or trade or business) on whose behalf Form 3115 is filed is the applicant.įor information on the difference between a filer and an applicant, see Name(s) and Signature(s), later.įor information on a controlled foreign corporation (CFC) or 10/50 corporation without a U.S. An applicant is an entity, a person, or a separate and distinct trade or business of an entity or a person (for purposes of Regulations section 1.446-1(d)), whose accounting method is being changed.įor a consolidated group of corporations, the common parent corporation must file Form 3115 for an accounting method change for itself and for any member of the consolidated group. The filer is the entity or person required to file Form 3115, whether on its own behalf or on behalf of another entity. However, in some cases, you are required or permitted to file a single Form 3115 for particular concurrent accounting method changes. Ordinarily, you are required to file a separate Form 3115 for each accounting method change.

If it is reviewed by the IRS, you will be notified if information in addition to that requested on Form 3115 is required or if your request is denied. An applicant that timely files and complies with the automatic change procedures is granted consent to change its accounting method, subject to review by the IRS National Office and operating division director. No user fee is required for a Form 3115 filed under the automatic change procedures. See the instructions for Part I Information for Automatic Change Request, later, and the List of Automatic Changes in Rev.

Unless otherwise provided in published guidance, you must file under the automatic change procedures if you are eligible to request consent to make an accounting method change under the automatic change procedures for the requested year of change.

Usps changes 1.17.16