Form 3115 Line-by-Line


If you have clients who need to adjust incorrect or missed depreciation, they may need to file Form 3115, Application for Change in Accounting Method. In this webinar, you will learn when to file Form 3115 and how to complete it.

Did you know that amending a tax return may not be the correct way to adjust for incorrect or missed depreciation? Usually Form 3115 needs to be completed, and this can be a daunting process. There are over 150 automatic and nonautomatic accounting method changes that are reported on this form. Learn when Form 3115 is needed in lieu of amending a tax return and receive line-by-line instructions from completing it for missed or incorrect depreciation and for changing from cash to accrual.


Upon completion of this course, you will be able to:

  • Evaluate when a taxpayer should file Form 3115.
  • Distinguish between automatic and nonautomatic accounting method changes.
  • Identify the most common reasons to file Form 3115.
  • Describe the function of each schedule attached to Form 3115.
  • Correctly complete Form 3115 for a taxpayer correcting depreciation calculations.
  • Correctly complete Form 3115 for a taxpayer changing accounting methods.

Course Details

This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Q&A transcript. CPE is issued after exam is successfully completed.


Presented by: Cheryl Morse, EA

How to Earn CPE

To receive credit for this on-demand webinar, you must make at least one attempt to answer each of the review questions included with the webinar video. You also must successfully pass the course exam with a score of 70% or better.

The course and exam will expire one year from the date of purchase.

Cancellation Policy

​Because this is an online education offering, it is nonrefundable.

eweb keepalive image