MargaretMort Posted January 28, 2011 Report Share Posted January 28, 2011 A friend (who used to work at the IRS) asked my opinion about this today. A gentleman who used to be a CPA, but has been retired for a few years, has agreed to do someone's taxes. He intends to charge for and sign the return. Then he saw that he would need to pay the $64+ to be a paid preparer. He doesn't want to do that. The question is: Does he really need to have a PTIN if he isn't E-filing? I told my friend I would put this out for your discussion. And I thank you in advance. MM Quote Link to comment Share on other sites More sharing options...
mircpa Posted January 28, 2011 Report Share Posted January 28, 2011 I think yes, he needs to have PTIN. Isnt the rule that anybody who prepares a tax return for a fee required to have PTIN Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted January 28, 2011 Report Share Posted January 28, 2011 From IRS website: New regulations require all paid tax return preparers (including attorneys, CPAs, and enrolled agents) to apply for a Preparer Tax Identification Number (PTIN) — even if you already have one — before preparing any federal tax returns in 2011. The preparer does not need an EFIN if not efiling. The P is preparer, the E is electronic, not the same thing. Quote Link to comment Share on other sites More sharing options...
GERALD Posted January 28, 2011 Report Share Posted January 28, 2011 IRS Notice 2011-11, dated 1-25-2011, says that a paid preparer can continue to file without a PTIN, if "THEY HAVE MADE A GOOD FAITH EFFORT TO OBTAIN A PTIN". This was issued for the benefit of those whose applications have been delayed, or still in process. My opinion, no effort, no can do, although filing one return probably would slip through. Gerald Quote Link to comment Share on other sites More sharing options...
Pacun Posted January 28, 2011 Report Share Posted January 28, 2011 Ask him to supervise himself since he is a CPA. If a person prepares a return superviced by a CPA or Enrolled Agent... he doesn't need a PTIN. Quote Link to comment Share on other sites More sharing options...
Crank Posted January 29, 2011 Report Share Posted January 29, 2011 Ask him to supervise himself since he is a CPA. If a person prepares a return superviced by a CPA or Enrolled Agent... he doesn't need a PTIN. I hope you arent serious on this one. That seems blatently fradulent. Quote Link to comment Share on other sites More sharing options...
GERALD Posted January 29, 2011 Report Share Posted January 29, 2011 If he is completely retired, he probably isn't licensed anymore. Most retired CPA's usually let their license expire due to continuing education requirements. Quote Link to comment Share on other sites More sharing options...
Pacun Posted January 29, 2011 Report Share Posted January 29, 2011 I hope you arent serious on this one. That seems blatently fradulent. It was a joke. The supervising CPA or EA needs a PTIN. Quote Link to comment Share on other sites More sharing options...
David1980 Posted January 29, 2011 Report Share Posted January 29, 2011 It was a joke. The supervising CPA or EA needs a PTIN. As does the preparer. They're just exempted from the testing/CE. Still gotta pay their $65 and get a PTIN. Quote Link to comment Share on other sites More sharing options...
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