Free EA Part 2 Exam Prep
Special Enrollment Examination (SEE) Part 2 — Businesses
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EA IRS Tax Preparer Credentials (EA & AFSP): Study Roadmap
Follow this path to organize your exam preparation
Phase 1: Entity Classification & Sole Proprietorships
Master business structures, check-the-box elections (Form 8832), and Schedule C profit/loss and self-employment reporting.
Phase 2: Partnerships & S Corporations
Learn flow-through taxation, outside/inside basis tracking, debt basis restoration, Schedule K-1 allocations, and distribution ordering.
Phase 3: C Corporations, Depreciation & Asset Sales
Cover corporate tax calculations, E&P, MACRS conventions, Section 179/bonus depreciation, and Section 1231/1245 property transactions.
Phase 4: Specialized Taxpayers, Payroll & Practice Exams
Study fiduciary and exempt returns, SEP/SIMPLE and qualified plans, rental losses, farm rules, payroll, and ACA reporting before timed practice.
EA Part 2 Quick Facts
Retake Policy
Up to four attempts per part in the July 1, 2026–February 28, 2027 window; wait 24 hours before scheduling a failed part again.
Free EA Part 2 Prep Tools
105+ Practice Questions
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AI Tutor Explains Mistakes
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What You'll Study
30 chapters covering the exam topics in this guide
Chapter 1: Exam Cycle & Preparation
1 sections
Chapter 2: Business Entity Choices & Classification
4 sections
Chapter 3: Sole Proprietorships
3 sections
Chapter 4: Partnership Formation & Basis
4 sections
Chapter 5: Partnership Basis & Loss Limitations
4 sections
Chapter 6: Partnership Operations & Distributions
4 sections
Chapter 7: Partnership Dispositions & Basis Adjustments
3 sections
Chapter 8: C Corporation Formation & Structure
4 sections
Chapter 9: C Corporation Operations & E&P
5 sections
Chapter 10: C Corporation Distributions & Liquidations
2 sections
Chapter 11: S Corporation Eligibility & Operations
3 sections
Chapter 12: S Corporation Basis, Distributions & Taxes
3 sections
Chapter 13: Accounting Periods & Methods
4 sections
Chapter 14: Business Gross Income & Inventory
3 sections
Chapter 15: General Business Deductions & Limits
4 sections
Chapter 16: Business Losses & Net Operating Losses
3 sections
Chapter 17: Section 199A Qualified Business Income Deduction
3 sections
Chapter 18: Depreciation Principles & MACRS
3 sections
Chapter 19: Section 179 Expensing & Bonus Depreciation
3 sections
Chapter 20: Amortization & Intangible Assets
3 sections
Chapter 21: Business Property Dispositions & Recapture
3 sections
Chapter 22: Like-Kind Exchanges & Involuntary Conversions
3 sections
Chapter 23: Business Tax Credits
2 sections
Chapter 24: Worker Classification & Information Reporting
3 sections
Chapter 25: Employment Taxes & Compliance
3 sections
Chapter 26: Fiduciary Income Taxation (Trusts & Estates)
6 sections
Chapter 27: Tax-Exempt Organizations & Farm Taxation
8 sections
Chapter 28: Business Records, Reporting & ACA
3 sections
Chapter 29: Employer & Self-Employed Retirement Plans
4 sections
Chapter 30: Rental Property & Passive Activities
3 sections
EA Part 2 Exam Details
Special Enrollment Examination (SEE) Part 2 — Businesses
Administered by Internal Revenue Service (IRS)
Exam Content Breakdown
Based on the official Internal Revenue Service (IRS) content outline
Entity classification, partnerships, C and S corporations, owner basis, distributions, filing duties, and partnership audits.
Business income, deductions, depreciation, property transactions, QBI, records, payroll, reporting, planning, and ACA compliance.
Trusts and estates, exempt organizations, retirement plans, farmers, and rental property.
What's Included
30 Chapters
Complete exam coverage
Practice Quizzes
With detailed explanations
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Quality Exam Prep Shouldn't Cost Hundreds
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What's Next After the EA Part 2?
After passing the EA Part 2, you can pursue these career paths
EA
Pass all required SEE parts, apply for enrollment, and satisfy the IRS suitability check to become an Enrolled Agent with broad IRS representation rights.
CPA
Add state public accountancy licensure for comprehensive financial statement audit and attestation authority.
CTP
Expand corporate business taxation expertise into corporate treasury, cash management, and liquidity planning.
EA Part 2 Exam FAQ
Official Internal Revenue Service (IRS) Resources
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