TAXPRO TODAY took a look at the RTRP initial competency exam that I do not want to be forced to take in “Takers of the RTRP Exam Discuss Their Experience”.
The article pointed up another reason why I do not want to take it -
Part of the test anxiety may stem from regulations at test centers. "When you go into the testing office, you're nervous. They check everything in your pockets”, said Ramon. "They don't want you to carry even a handkerchief in there," added Weinberg. Tests are given in cubicles, with regimented start and countdown times. Weinberg recalled thinking, "'What happens if this computer just slows down?' There were also more questions than I expected on IRS procedures."
Another indignity – being treated like a schoolchild. I had heard a few stories of the ridiculous procedures for taking the test at a CPE class last year.
I am not worried about the actual test itself. It is not a question of worrying that I will not pass. The article explains –
Those who've already taken the 120-question test generally agree that it can be passed with proper study by those with solid tax-prep experience.
The article also indicated that I should do better on the test than most preparers (highlight is mine) –
. . . an Enrolled Agent of 19 year's tax-prep experience wrote, "The more you relied on tax software in the past for preparing returns, the harder this exam will be to pass”.
The EA went on to say -
“Don't let the open-book thing fool you. Many preparers that have taken the test tell me that you don't have time to look these answers up," this reader added, citing test questions on moving expenses, income and assets, IRAs, "a lot of things that are not being addressed regularly."
I am interested In hearing from readers who have sat for the test, as well as from those who agree there should be grandfathering.