Refer to Revenue Procedure 2015-13, Section 7: Terms and conditions of change on page 44. Read Sections 7.01 – 7.03 on pages 44 through 46. What is the adjustment period for a favorable (i.e. negative, in that the adjustment reduces taxable income) Section 481(a) adjustment? What is the adjustment period for an unfavorable (i.e. positive, in that the adjustment increases taxable income) Section 481(a) adjustment?

Refer to Revenue Procedure XXXXXXXXXX, Section 7: Terms and conditions of change on page 44. Read Sections 7.01 – 7.03 on pages 44 through 46. What is the adjustment period for a favorable (i.e....

Refer to Revenue Procedure 2015-13, Section 7: Terms and conditions of change on page 44. Read Sections 7.01 – 7.03 on pages 44 through 46.

What is the adjustment period for a favorable (i.e. negative, in that the adjustment reduces taxable income) Section 481(a) adjustment?

What is the adjustment period for an unfavorable (i.e. positive, in that the adjustment increases taxable income) Section 481(a) adjustment?

Jun 10, 2022