PTIN FEE TO GO DOWN

[Lee B]

PTIN User Fee. The IRS issued final regulations relating to the imposition of certain user fees on tax return preparers (T.D. 9781; TAXDAY, 2016/08/10, I.1). The final regulations, which affect individuals who apply for or renew a PTIN, reduce the user fee from $50 to $33 .

[Gail in Virginia]

The user fee is reduced to $33 but when added to the fee from the third party vendor who collects the fee, we pay $50.  So from my point of view, I am not sure it really changed. 

[Abby Normal]

Neither link works for me. Here's the JOA article.

I can't remember what I paid last year and I can't look it up right now, but it seems like a sweet gig to earn $17 per transaction to process $33 payments.

[Abby Normal]

You're right, Gail. I paid $50 last year, so the fee is exactly the same.

[Abby Normal]

47 minutes ago, Abby Normal said:

Here's the JOA article.

sorry for the bad link. That's a 2015 article.

[Abby Normal]

I figured it out. This is just making permanent the reduction we got last year.

[Gail in Virginia]

7 hours ago, Abby Normal said:

Neither link works for me. Here's the JOA article.

I can't remember what I paid last year and I can't look it up right now, but it seems like a sweet gig to earn $17 per transaction to process $33 payments.

I agree.  I wish I could get the contract to process all the PTIN renewals at $17 each - I think I could quit doing tax returns.  And actually come close to only working a few months a year, which everyone thinks is what I do anyway.  Ha. Ha. /s