Taxpayers can request a change in their accounting method by using Form 3115, also called the Application for Change in Accounting Method. Using this form, a taxpayer can ask for a change in how they include their income, expenses, or other things on their tax return. Many taxpayers might wonder whether Form 3115 can be submitted electronically.
Form 3115 cannot be submitted electronically, to put it briefly. Form 3115 cannot presently be submitted electronically to the IRS. As a result, taxpayers are required to provide a physical copy of the form to the IRS. The form can be collected from a nearby IRS office or downloaded from the IRS website.
There are some forms that can be electronically filed, however Form 3115 cannot. For instance, the Corporate Application for Tentative Refund, commonly called as Form 1139, can be submitted electronically. Corporations use this form to request a provisional refund for specific tax credits. The Application for Tentative Refund, commonly known as Form 1045, can also be submitted electronically. Individuals, estates, and trusts can use this form to ask for a provisional refund of certain tax credits.
You can use the IRS e-file system to submit Form 1139 if you must. You need a provider who is approved by the IRS to file electronically. Electronic filing is typically quicker and more effective than filing a paper copy.
Your tax identification number, the tax year for which a refund is being requested, and the amount of the refund being requested must all be included on Form 1139. To demonstrate your eligibility for the reimbursement, you must additionally submit supporting paperwork.
Taxpayers may also be intrigued to look into their fax history in addition to these forms. Taxpayers can maintain track of their own fax history by keeping the confirmation pages of their faxes even if the IRS does not offer a mechanism to check fax history. These pages can be used as evidence that a fax was sent to the intended recipient and was received by them.
In conclusion, even if Form 3115 cannot be submitted online, other forms can. Both Forms 1139 and 1045 can be submitted electronically, speeding up the procedure. By keeping the confirmation papers, taxpayers can also keep track of their own fax history.