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100+ Free ACAT ATA Practice Questions

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Under OBBBA permanency, the QBI deduction under IRC 199A allows eligible pass-through owners to deduct what maximum percentage of qualified business income?

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2026 Statistics

Key Facts: ACAT ATA Exam

100

Exam Questions

ACAT ATA candidate page

3 hours

Exam Time

ACAT ATA candidate page

70

Passing Score

ACAT ATA candidate page

$250

Exam Fee

ACAT fee schedule

$50

Credential Activation

ACAT activation form

$15M

2026 Estate Exemption (OBBBA)

IRS Rev. Proc. 2025-32 / OBBBA

AFSP

Refresher Exam Exempt

ACAT and IRS AFSP rules

ACAT ATA is a 100-question, 3-hour online proctored exam administered by the Accreditation Council for Accountancy and Taxation. The single-exam fee is $250 plus a $50 credential activation fee. ATA tests advanced advisory work — individual planning, entity selection, partnership 704(b)/(c) and 754 step-ups, S corporation reasonable comp and AAA, C corporation 351/332/355 transactions, trust DNI and grantor rules, the OBBBA $15 million estate and gift exemption, controversy procedure, and Circular 230 written advice. ACAT recommends five years of tax experience, including three in public accounting, before sitting.

Sample ACAT ATA Practice Questions

Try these sample questions to test your ACAT ATA exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1For tax year 2026, what is the top marginal individual income tax rate that applies under the OBBBA-permanent TCJA bracket structure?
A.35%
B.37%
C.39.6%
D.40%
Explanation: OBBBA made the TCJA brackets permanent. The top marginal individual rate is 37%, which applies above the inflation-indexed 2026 threshold (about $640,600 single / $768,700 MFJ). The pre-TCJA 39.6% rate did not return.
2What is the 2026 standard deduction for a married couple filing jointly under age 65?
A.$29,200
B.$30,000
C.$31,500
D.$32,200
Explanation: The IRS released 2026 inflation adjustments reflecting OBBBA permanency: $32,200 for MFJ, $16,100 for single/MFS, and $24,150 for HOH. These are the figures advisors should use when comparing standard versus itemized for 2026.
3Under OBBBA, what is the 2026 cap on the state and local tax (SALT) itemized deduction for most taxpayers?
A.$10,000
B.$20,000
C.$40,000
D.Unlimited
Explanation: OBBBA raised the SALT deduction cap from $10,000 to $40,000 starting in 2025, with phase-down for higher-income taxpayers. Advisors should model whether the higher cap moves a client from standard to itemized in 2026.
4An advisor is computing the 3.8% Net Investment Income Tax (NIIT) for a single client with $250,000 of modified AGI in 2026, including $40,000 of interest, dividends, and capital gains. What is the NIIT?
A.$0; client is below the threshold
B.$1,520 (3.8% × $40,000)
C.$1,900 (3.8% × $50,000)
D.$9,500 (3.8% × $250,000)
Explanation: NIIT applies at 3.8% to the LESSER of net investment income ($40,000) or MAGI over the threshold ($250,000 single threshold; client has $0 over). Wait — single threshold is $200,000, so MAGI over threshold is $50,000. The lesser of $40,000 and $50,000 is $40,000, so NIIT = 3.8% × $40,000 = $1,520.
5Which of the following is NOT a preference or adjustment that increases AMTI under the individual AMT?
A.Incentive stock option bargain element on exercise
B.Tax-exempt interest on private activity bonds (post-2017 issues subject to AMT)
C.Standard deduction taken in lieu of itemizing
D.Qualified dividends taxed at preferential rates
Explanation: Qualified dividends are taxed at the same preferential 0/15/20% rates under both regular tax and AMT, so they are not an AMT preference. ISO bargain element, certain PAB interest, and (historically) the standard deduction differ between regular tax and AMT calculations.
6What is the 2026 long-term capital gains rate that applies to a single filer with taxable income of $60,000, of which $10,000 is net long-term capital gain?
A.0%
B.15%
C.20%
D.23.8%
Explanation: For 2026, the 0% LTCG bracket extends up to about $49,450 (single). Because total taxable income ($60,000) is just over that threshold, the portion of the $10,000 LTCG sitting between $49,450 and $60,000 is taxed at 15%, and the rest at 0%. The dominant rate is 0% on the bottom slice. (Mixed: bulk at 0%, sliver at 15%.)
7A client wants to deduct mortgage interest on $900,000 of acquisition indebtedness on a primary residence taken out in 2026. How much of the principal qualifies for the mortgage interest deduction?
A.$1,000,000
B.$750,000
C.$500,000
D.$375,000
Explanation: OBBBA made the TCJA $750,000 acquisition debt limit permanent for mortgages incurred after December 15, 2017. Interest on up to $750,000 of the $900,000 principal is deductible; interest on the remaining $150,000 is not. The $1M cap survives only for pre-TCJA grandfathered debt.
8Under OBBBA permanency, the QBI deduction under IRC 199A allows eligible pass-through owners to deduct what maximum percentage of qualified business income?
A.10%
B.15%
C.20%
D.25%
Explanation: Section 199A allows a deduction of up to 20% of qualified business income from pass-throughs (sole props, partnerships, S corps). OBBBA made 199A permanent past its original 2025 sunset. Wage/UBIA limits and SSTB phase-outs still apply above the threshold amounts.
9Which type of trade or business is treated as a Specified Service Trade or Business (SSTB) subject to the high-income 199A phase-out?
A.Manufacturing
B.Engineering
C.Health (e.g., physician practice)
D.Architecture
Explanation: 199A treats health, law, accounting, actuarial science, performing arts, consulting, athletics, financial services, brokerage services, and investment management as SSTBs. Engineering and architecture are explicitly carved OUT of SSTB status, so they keep full 199A above the threshold.
10A client is choosing between a C corporation and an S corporation for a closely held operating business that distributes most of its earnings annually. What is the most significant federal tax disadvantage of the C corporation?
A.Higher entity-level rate (37%)
B.Inability to deduct ordinary business expenses
C.Double taxation of distributed earnings (entity tax then shareholder tax on dividend)
D.Loss of basis step-up at owner's death
Explanation: C corporations face a flat 21% entity tax and shareholders pay tax again on any dividend distribution. With most earnings distributed annually, the cumulative effective rate (about 21% + ~23.8% on the distribution) usually exceeds an S corporation's single-layer flow-through rate.

About the ACAT ATA Exam

The Accredited Tax Advisor (ATA) is ACAT's advanced tax credential focused on planning and advisory services for complex returns. The exam covers individual tax planning, business entity selection, partnership and LLC taxation, S corporation and C corporation taxation, trust and estate income taxation, gift and estate tax, retirement planning, tax controversy and representation, and Circular 230 ethics. ATA holders qualify for the IRS Annual Filing Season Program Record of Completion without taking the AFSP Annual Refresher Course or exam.

Questions

100 scored questions

Time Limit

3 hours

Passing Score

70

Exam Fee

$250 (plus $50 activation) (Accreditation Council for Accountancy and Taxation (ACAT))

ACAT ATA Exam Content Outline

20%

Individual Tax Planning

2026 brackets and 37% top rate, $16,100/$32,200/$24,150 standard deduction, $40,000 SALT cap (OBBBA), AMT thresholds, 3.8% NIIT, 0.9% Additional Medicare Tax, capital-gain harvesting, and OBBBA-permanent tip/overtime/auto-loan-interest deductions

20%

Business Entity Selection

Sole proprietor vs partnership vs LLC vs S corporation vs C corporation, 21% corporate rate, 199A QBI 20% deduction (OBBBA permanent), reasonable compensation, fringe benefit deductibility (>2% S corp shareholders), and basis at risk versus passive loss limits

15%

Partnership and LLC Taxation

Section 704(b) substantial economic effect, 704(c) built-in gain allocations, inside vs outside basis, 752 recourse vs nonrecourse liability allocation, guaranteed payments, 736 retiring partner payments, 754 election with 734(b)/743(b) step-ups, and disguised sales

15%

S Corporation and C Corporation Taxation

S corp eligibility (100 shareholder limit, single class of stock), reasonable compensation, 1374 built-in gains tax, 1375 passive investment income tax, AAA/OAA/PTI ordering, basis ordering (loss limit), 351 contributions, 332/337 liquidations, 355 spin-offs, 382 NOL limits, and accumulated earnings tax under 531

10%

Trust and Estate Income Taxation

Simple vs complex trusts, grantor trust rules (671-679), distributable net income (DNI) and tier system, Schedule K-1 character flow-through, 642(c) charitable deduction, 663(b) 65-day rule, compressed trust brackets (37% over ~$15,650 in 2026), and Form 1041

10%

Estate, Gift, and GST Tax

$15M basic exclusion amount per OBBBA (2026), $19,000 annual exclusion, GST tax, portability via DSUE election on Form 706, 1014 stepped-up basis at death, 2032A special-use valuation, 6166 estate tax installments, minority and lack-of-marketability discounts

5%

Retirement and Tax Controversy

Qualified plan design, 2026 IRA limit ($7,500), 401(k) $24,500, SECURE 2.0 10-year inherited IRA payout, 6501 statute of limitations (3 yr / 6 yr / no limit for fraud), 6651 failure-to-file/pay, 6662 20% accuracy penalty, 7491 burden of proof, OIC, IA, CDP and CAP appeals

5%

Ethics and Circular 230

Circular 230 10.21 (knowledge of client error), 10.22 diligence, 10.27 contingent-fee restrictions, 10.29 conflicts of interest, 10.34 standards for returns and documents, 10.35-10.37 written advice and covered opinions, and 10.51 incompetence/disreputable conduct

How to Pass the ACAT ATA Exam

What You Need to Know

  • Passing score: 70
  • Exam length: 100 questions
  • Time limit: 3 hours
  • Exam fee: $250 (plus $50 activation)

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

ACAT ATA Study Tips from Top Performers

1Memorize the 2026 estate planning numbers: $15M basic exclusion (OBBBA), $19,000 annual exclusion, $15,650 trust top-bracket threshold, $184,500 SS wage base, and the 37% top individual/trust rate
2Drill partnership 704(b) capital-account maintenance (substantial economic effect tests), 704(c) ceiling-rule allocations on contributed property, 752 recourse vs nonrecourse liability allocation, and 754 election step-ups
3Practice S corporation reasonable compensation, AAA/OAA/PTI ordering on distributions, basis ordering (debt vs stock), 1374 built-in gains tax, and the 1375 passive investment income tax 25% gross-receipts trigger
4Master trust DNI: it caps the deduction at the trustee level and the inclusion at the beneficiary level, preserves character via the tier system, and use the 663(b) 65-day rule to push distributions into the prior year
5Know the Circular 230 written-advice rules in 10.35-10.37 (post-2014 rewrite), 10.34 standards for returns, 10.27 contingent fee restrictions, and 10.21 duty when you discover a client error

Frequently Asked Questions

What is the format of the ACAT ATA exam?

The ATA is a 100-question multiple-choice online proctored exam administered by ACAT. Candidates have 3 hours to complete it, and 70 on a 0-100 scale is the passing score. The exam tests advanced individual planning, business entity taxation, partnerships and LLCs, S and C corporations, trusts and estates, gift and estate tax, retirement planning, controversy and representation, and Circular 230 ethics.

How much does the ACAT ATA exam cost in 2026?

The ATA exam fee is $250 in 2026, paid to ACAT at registration. After passing, candidates submit a $50 credential activation form to receive the ATA designation. Annual renewal is $150 for a single ACAT credential. Holders must complete 40 hours of CPE per year, including 3 hours in ethics. Always verify current pricing on the ACAT registration page before paying.

What is the difference between the ATA and the ATP?

The Accredited Tax Preparer (ATP) is ACAT's entry-level Form 1040 credential focused on individual return preparation. The Accredited Tax Advisor (ATA) is the advanced credential and tests planning and advisory work across complex individual returns, partnerships, S and C corporations, trusts, estates, and gift tax. ACAT recommends five years of tax experience (three in public accounting) before sitting for the ATA.

Does the ATA qualify me for the IRS Annual Filing Season Program (AFSP)?

Yes. ACAT ATA credential holders are exempt from the AFSP Annual Refresher Course and Annual Filing Season exam. They still need an active PTIN, the required CE, and consent to Circular 230 to receive the AFSP Record of Completion. ATA holders gain limited IRS representation rights for returns they prepared and signed, similar to other AFSP participants.

How long should I study for the ATA exam?

Most candidates plan 100 to 150 hours of dedicated study spread across 10 to 18 weeks. The biggest blocks of time should go to partnership taxation (704(b)/(c), 752, 754), S corporation rules (reasonable comp, AAA, 1374 BIG), and trust/estate income tax (DNI, grantor rules), since these are the highest-leverage advisory topics. Build in dedicated review for OBBBA changes — the $15 million unified estate and gift exemption, $40,000 SALT cap, and permanent QBI deduction.

What is the 2026 estate and gift tax exemption?

Under the One Big Beautiful Bill Act, the basic exclusion amount for federal estate and gift tax is $15 million per individual for 2026 (up from $13.99 million in 2025), and the GST exemption matches at $15 million. The annual gift tax exclusion stays at $19,000 per donee. OBBBA made the higher exemption permanent and indexed it to inflation, eliminating the previously scheduled January 1, 2026 sunset that would have cut the exemption roughly in half.

How is the ATA different from the EA?

The Enrolled Agent (EA) is the IRS's three-part exam covering individual, business, and representation, and grants unlimited representation rights before the IRS for any taxpayer and any tax matter. The Accredited Tax Advisor (ATA) is a single 100-question advisory exam from ACAT — narrower in scope but specifically pitched at planning depth for complex returns, trusts, estates, and entity work. Many practitioners hold both: the EA for representation rights and the ATA to signal planning expertise.