Steps To Be A Tax Preparer

Get a preparer tax identification number ptin from the irs.

Steps to be a tax preparer.

However you should have a high school diploma or ged. Asfp tax preparers must take 15 18 hours of continuing education each year and they must pass a test at the end of their coursework. In fact at h r block we offer a program called the income tax course a hands on program that teaches people of every walk of life the ropes of accounting and tax preparation. The irs issues an annual filing season program record of completion certificate to individuals who complete the program.

What do you need to become a tax preparer. Becoming a tax preparer is a straightforward process involving a few basic requirements. First apply for a ptin by submitting personal information including your social security number and a previous year s tax return. How to become a registered tax preparer.

Apply for or renew your preparer tax identification number ptin. Ever wondered how to become a tax preparer. Anyone who prepares or assists in preparing federal tax returns for compensation must have a valid 2020 ptin before preparing returns. The first step is to complete a tax preparation course.

Visit prometric s special enrollment examination see web page to schedule your test appointments review the see candidate information bulletin pdf sample test questions and other test preparation resources. For most new tax preparers learning the ins and outs of the business means acquiring an entirely new professional language. Prepare in high school to become a tax preparer you will first need to earn a high school diploma. Steps to becoming an enrolled agent.

Here are the steps you should take to become a non credentialed tax preparer. You do not need an associate or bachelor s degree for entry into the industry. Once they complete their requirements these preparers receive a record of completion from the irs. You don t need to be a genius to prepare tax returns.

Obtain a preparer tax identification number ptin. Before a tax preparer can begin work they must also meet state and federal requirements. Most non credentialed tax preparers handle returns for individuals which are usually routine. All enrolled agents must also have a valid ptin.

Achieve passing scores on all three parts of the see within two years. They are also included in a public database of preparers on the irs website. Believe it or not it s probably more within your reach than you think. This can be done online at http www irs gov.

In some cases this know how comes in the form of certification. To become a ctec registered tax preparer you must. Take a 60 hour qualifying education course from a ctec approved provider within the past 18 months. And don t need a college degree.

The program requires a tax preparer to complete 18 hours of tax continuing education including a six hour federal tax law refresher course. Purchase a 5 000 tax preparer bond from an insurance surety agent.