No. Shortly before the start of the 2013 tax filing season, the IRS lost their authority to require tax preparers to take and pass the test they were calling the Registered Return Preparer Exam. The IRS is appealing this legal restriction and Federal Direct will keep you posted on any changes.
No. As a tax preparer, you do not have a required continuing education requirement. While many tax preparers choose to take continuing education for their own betterment and to keep up on changing tax laws, it is not a requirement for being a tax preparer. Enrolled Agents and CPAs DO have an annual continuing education requirement.
Yes. California, Oregon, and New York all have individual state level requirements for tax preparers. If you reside and are preparing tax returns in these states please consult a Federal Direct account representative for the requirements for your state.
Yes. All tax return preparers who are compensated for preparing or assisting in the preparation of any federal tax returns must possess a valid PTIN.
$64.25 is the price to initially obtain a PTIN. PTINs must be renewed annually for $63.00.
Yes. You must be 18 years of age to obtain a PTIN.
You can visit the IRS preparers PTIN website at: www.irs.gov/ptin
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