More Information about the RTRP Competency Examination
IRS has issued final regulations, accompanied by a news release and fact sheet, that provide additional details related to the registered tax return preparer (RTRP) competency examination.
Test User Fee: The fee to take the examination will be $116 with $27 of the fee going to the IRS and the balance to Promatic, Inc. a third party testing company with 260 offices nationwide. The IRS has not finalized the user fee regulations pending further public comment related to the proposed $33 finger printing user fee.
Test Details: In IR 2011-111, IRS announced that it is now launching the new RTRP competency test and that test scheduling begins the last week of November.
- 2-1/2 hour timed test covers preparation of the Form 1040 and its related schedules.
- The test must be taken at a Prometric Inc. test center.
- The test is available in English only at this time
- Will be administered in a computer-based testing format.
- Initial test takers won't receive their test scores for two to six weeks to allow IRS to validate the exam and determine the pass/fail cutoff.
- Once validation is complete, around mid-January, those taking the computer-based test will receive their scores at the test center immediately upon completing the test.
- There is no limit on the number of times the test can be taken.
- The $116 fee will apply each time the exam is taken.
- Unlicensed practitioners have until Dec. 31, 2013 to pass the examination.
Lee Reams Sr.
Lee T. Reams is the Chief Technical Officer of ClientWhys. He is also an Enrolled Agent having managed a 600-plus client tax practice. Educated as an engineer, with a Bachelor's Degree in Mechanical Engineering, Lee left his engineering career in 1975 to expand his part-time tax practice into a full-time career.