Page 39 - Interest Income - Individuals Handbook

Change from Method 2 (2/2)

Method 2

 You must attach this statement to your tax
return for the year of change, which you must
file by the due date (including extensions).
 You can have an automatic extension of 6
months from the due date of your return for

the year of change (excluding extensions) to
file the statement with an amended return.
To get this extension, you must have filed
your original return for the year of the
change by the due date (including
extensions).
Instead of filing this statement, you can
request permission to change from method 2
to method 1 by filing Form 3115, Application
for Change in Accounting Method.
In that case, follow the form instructions for

an automatic change. No user fee is required.

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