filling out form 3115 - mark to market change

Discussion in 'Professional Trading' started by Technician, Feb 3, 2010.


    Can someone help me please? :(

    "Part II: 11 Is the applicant requesting to change its overall method of accounting?"
    Present method and proposed method? (cash/accrual/hybrid)

    "14: Will the proposed method of accounting be used for the applicant's books and records and financial statements?"

    "16: Does the applicant request a conference of right with the IRS National Office if the IRS proposes an adverse response?"

    assume this one is yes?

    "Part IV: 24 Do the procedures for the accounting method change being requested require the use of the cut-off method?"

    Do I need to complete any of the Schedules?