Because of the benefits of being an enrolled agent (EA), the EA designation is worth every penny you spend on it. But exactly how much are you going to have to spend?
If you’d like to prepare your funds for the process of earning the EA, you need to know about all the enrolled agent fees and expenses.
I’ll break down each Enrolled Agent exam cost and also reveal how you can save money on the EA.
The first step to becoming an Enrolled Agent is to obtain a PTIN, which is an IRS Preparer Tax Identification Number. The application fee for a PTIN is $30.75
The next step is to pass the EA exam. The Enrolled Agent exam has 3 parts, and you must pay a testing fee for each one. The EA exam testing fee is $206 per part. You must pay this fee when you schedule the Enrolled Agent exam at a Prometric testing center.
Prometric accepts MasterCard, Visa, American Express, and electronic checks. Additionally, Prometric does not accept money orders, personal checks, or cash. And the Enrolled Agent testing fee is non-refundable and non-transferable.
If you fail part of the EA exam, you’ll have to pay the testing fee again when you register to retake your failed exam section. Therefore, you can cut EA exam costs by passing each part the first time. It’s the best strategy for saving money on the EA!
There are many different enrolled agent courses available for a variety of prices. The most popular one, Gleim EA Review, costs $500 – $600+. However, this course covers all 3 exam parts. While you won’t pay as much initially if you purchase your EA review course by exam part, you save money in the long run when you buy a complete course for all 3 exam parts.
Once you pass the exam and are ready to become an EA, you must pay $140 to the IRS in order to complete the enrollment process. You’ll pay the fee at the same time that you submit a form (Form 23), and you must do both within 1 year of passing all 3 parts of the EA exam.
Additionally, you’ll need to attend continuing education (CE) seminars or sign up for online CE courses to keep your designation active. On average, the cost of these expenses is typically no more than $200-300 per year.
Recently, the IRS substantially increased the EA test fee from $181.94 to $206. The IRS sites these reasons for the enrolled agent exam fee increase:
The NAEA opposed the fee hike but was only able to negotiate for a slightly lower fee. Furthermore, with such a large increase, I don’t expect another spike in EA exam costs any time soon.
Overall, you can expect to invest around $1,100 in the process of taking the EA exam, paying for the EA license, and maintaining your EA status with CE courses.
|1. Testing Fee (per part) + PTIN||$206 (or $618 total) + $30.75|
|2. Review Course Materials (mid-range)||$500+|
|3. Enrollment to Practice||$140|
|4. Designation Maintenance (average)||$250|
As you can see, this enrolled agent fee schedule doesn’t account for the additional testing fees you would have to pay to retake a failed exam part. Nor does it include the $35 you must cover if you reschedule your testing appointment 5-29 calendar days before the appointment date. Therefore, you should keep these fees in mind as you are making your budget, studying for the exam, and scheduling your testing appointment. That way, you’ll be prepared to adjust for them if necessary in the future.
Along with passing each exam part on your first attempt, you can save on EA review courses with my exclusive discounts. If you can sit for each part only once and use one of the discounts offered by the EA course providers, you can save hundreds of dollars!
To find the best EA exam prep for you, check out my enrolled agent courses comparison. You can also get answers to your EA exam questions at my enrolled agent blog.
I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites.