Terms
PTIN
Versa
Key Preparer Account Numbers
Transaction Codes
100
any person who is a member in good standing of the bar of the highest court of any state
What is attorney
100
Cost to renew PTIN
What is $63.00
100
allows a user to edit a preparer’s account details via the Change button.
What is Basic Data Entity screen
100
A computer generated number that is uniquely assigned to the individual/organization within the Versa system.
What is Entity number
100
1010
What is Registration with a SSN
200
Any person who is duly licensed to practice as a certified public accountant in any state, territory, or possession of the United States, including a Commonwealth,
CPA
200
What is the cost to register
What is $64.25
200
also displays an Action list. This list is a shortcut to various actions within the License module
What is License Home Screen
200
A computer generated number assigned to every applicant and licensee within a License Type.
What is File Number
200
1011
What is registration for foreign preparer
300
is an organization that is approved to provide continuing education classes to tax return preparers
What is Continuing Education Provider
300
Year that the IRS implemented the PTIN program
What is 2010
300
Used to display messages notifying the user of a special condition.
What is Alert Window
300
This is the PTIN number. It is assigned upon approval of the first initial licensure application.
What is License Number
300
2020
What is PTIN renewal
400
A number issued by the IRS to individuals or firms that have been approved as authorized IRS e-file providers.
What is Electronic Filing Identification Number
400
Maximum age for preparers
What is 120 years
400
A preparer will be locked out of using the Forgot Password functionality after x amount of failed attempts in a 24 hour period.
What is 3
400
The sequential number issued to control the issuance of certificates, which validates a license up to the next expiration date.
What is Certificate number
400
3030
What is Deceased preparer
500
an online system for tax professionals to obtain/renew their PTIN
What is Tax Professional PTIN System (TPPS):
500
What % of people used the online system last year to renew or apply for a PTIN
What is 95%
500
License number is another name for what?
What is PTIN number
500
The number assigned upon approval of applications submitted into VR.
What is Application Number
500
If unable to approve the application, the Versa Regulation will generate a
What is deficiency record
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