Becoming A Professional Tax Preparer
In this module, we will cover some of the basics needed to become a preparer or ERO.
This includes: applying for and securing a PTIN and an EFIN via the IRS website.
Practice
The following section contains practice scenarios for preparing federal tax returns. Choose the appropriate one. After downloading the file, open it to view the details of each scenario. Enter the information into your tax software and use the provided answer keys to confirm accuracy.
1040 Practice Scenarios
Beginner scenarios provide a basic understanding of common 1040 form usage and data entry. Intermediate scenarios include topics of, but not limited to, healthcare coverage, childcare expenses, and rental income. Advanced scenarios topics include, but not limited to, estimated payments, AGI adjustment, and other related topics.
1065 Practice Scenarios
Scenarios provided can be entered into the IRS 1065 form. Click the button below to download Practice Return Data.
1120S Practice Scenarios
Scenarios provided can be entered into the IRS 1120S form. Click the button below to download the Practice Return Data.