• ¿Documento equivocado? Cámbialo gratis
  • Escrito por estudiantes que aprobaron
  • Inmediatamente disponible después del pago
  • Leer en línea o como PDF
Vender
¿Dónde estudias?
Tu idioma
Document preview thumbnail
Vista previa 4 fuera de 138 páginas
Examen

Oregon Licensed Tax Consultant (LTC) Exam QUESTIONS AND CORRECT ANSWERS LATEST is the professional licensing examination associated with the Oregon Board of Tax Practitioners (OBTP) for individuals seeking authorization to prepare personal income tax retu

Document preview thumbnail
Vista previa 4 fuera de 138 páginas

Oregon Licensed Tax Consultant (LTC) Exam QUESTIONS AND CORRECT ANSWERS LATEST is the professional licensing examination associated with the Oregon Board of Tax Practitioners (OBTP) for individuals seeking authorization to prepare personal income tax returns independently for compensation in Oregon. The Licensed Tax Consultant credential represents an experienced level of personal income-tax preparation and allows a licensee to prepare Oregon personal income tax returns as a self-employed or independent tax practitioner or as an employee. Oregon requires individuals who prepare Oregon personal income tax returns for a fee or other valuable consideration to hold the appropriate license unless a specific statutory exception applies. The LTC examination is substantially more advanced than the Oregon Tax Preparer examination and is intended for applicants who have developed significant practical experience in personal income-tax preparation. The current Oregon Board information states that an applicant who is already a licensed tax preparer generally needs at least 1,100 hours of qualifying work experience completed during at least two of the previous five years, along with at least 15 hours of acceptable continuing education completed within one year before applying. Applicants who are not currently licensed tax preparers may qualify through other documented tax-preparation experience, including certain experience with the IRS, Oregon Department of Revenue, accounting professionals, or tax-practice work in another state. Applicants must also pass the tax consultant examination with a score of at least 75 percent. The LTC examination evaluates advanced knowledge of personal income taxation, combining federal personal income tax law with Oregon-specific income tax law and administrative requirements. Oregon’s examination information explains that tax consultant examinations address personal income tax law, theory, and practice, with federal personal income-tax knowledge forming a major portion of the examination and Oregon income-tax law and tax-practitioner administrative rules forming the state-specific component. The examination is designed to require more advanced knowledge than the preparer examination because applicants are expected to have practical experience handling personal income-tax returns. Preparation can therefore include individual filing requirements, filing status, dependents, gross income, wages, self-employment income, interest and dividends, retirement income, capital gains and losses, adjustments to income, deductions, credits, estimated taxes, federal tax liability, and the interaction between federal and Oregon tax calculations. Oregon-specific preparation can include Oregon filing requirements, resident and nonresident returns, Oregon additions and subtractions, Oregon deductions and credits, state tax calculations, applicable schedules, and administrative requirements established by the Oregon Board of Tax Practitioners and Oregon Department of Revenue. The Board maintains official examination resources that include Oregon individual-income-tax publications, federal IRS publications, tax forms, instructions, and Oregon administrative and statutory materials. The current examination-resource page lists a 2026–2027 General Information Book as well as tax-law source documents and Oregon forms for examination preparation. The examination is administered through PSI, and the Board’s published examination information describes the Tax Consultant Examination as a closed-book examination containing 200 questions with five hours allowed for completion; the historical examination information also identifies IRS Publication 850 as the document permitted in the examination room. Candidates should always use the current examination-year materials supplied by the Board because the examination is updated periodically to reflect applicable tax law. Applicants who already hold federal Enrolled Agent status have a separate pathway: the Oregon Board states that an Enrolled Agent may take the Oregon state-only portion of the tax consultant examination, provided the applicable requirements are satisfied. The state-only examination focuses on Oregon personal income tax law and Oregon administrative requirements governing tax practitioners. Successful completion of the LTC examination forms an important part of obtaining the Oregon consultant license, although applicants must also satisfy the applicable experience, education, application, identification, and other licensing requirements. The credential is particularly relevant to professional tax preparers, independent tax practitioners, tax-service employees, enrolled agents pursuing Oregon authorization, and individuals seeking advanced responsibility in personal income-tax preparation. Career activities may include preparing individual federal and Oregon returns, advising taxpayers regarding personal income-tax matters within the scope of licensure, reviewing returns, supporting tax-compliance activities, and operating or working within a tax-preparation practice. Overall, the Oregon Licensed Tax Consultant examination measures advanced knowledge of federal and Oregon personal income taxation, tax-return preparation, Oregon tax rules, practitioner regulations, and practical tax-compliance concepts required for independent professional practice. Subject/Career: Oregon Licensed Tax Consultant (LTC), Oregon Tax Preparation, Personal Income Tax, Federal Income Tax, Oregon Income Tax, Tax Consulting, Tax Preparation Practice, Enrolled Agent, Tax Compliance, Professional Tax Services.

Vista previa del contenido

Page 1 of 138



Oregon Licensed Tax Consultant (LTC) Exam
QUESTIONS AND CORRECT ANSWERS
LATEST UPDATE THIS YEAR



Oregon Licensed Tax Consultant (LTC) Exam – Questions with Correct
Verified Solutions

Based on verified Oregon Board of Tax Practitioners (OBTP) materials,
the General Information Book on Exams, and practice exam content,
this comprehensive practice examination covers the key domains tested
on the Oregon LTC exam, including Oregon tax law, administrative rules,
ethics, and federal tax principles.

Critical Distinction: The Oregon Tax Consultant exam is closed-book
with 200 questions and a 5-hour time limit. The only document
allowed in the exam room is IRS Publication 850. Approximately 75% of
questions cover federal personal income tax law, and 25% cover
Oregon personal income tax law and Oregon tax practitioner
administrative rules .

, Page 2 of 138




SECTION 1: OREGON BOARD OF TAX PRACTITIONERS AND LICENSING
(Questions 1-25)

QUESTION 1
Which chapter of the Oregon Revised Statutes governs tax consultants
and preparers?

A. ORS Chapter 316
B. ORS Chapter 673
C. ORS Chapter 800
D. ORS Chapter 317

Answer: B. ORS Chapter 673

Rationale: ORS Chapter 673 governs tax consultants and preparers in
Oregon .



QUESTION 2
What is the minimum passing score on the Oregon-only LTC exam?

A. 65%
B. 70%
C. 75%
D. 80%

, Page 3 of 138


Answer: C. 75%

Rationale: A passing score on all exams is 75% or higher .



QUESTION 3
Which document is the ONLY reference allowed in the LTC exam room?

A. Oregon Revised Statutes
B. IRS Publication 17
C. IRS Publication 850
D. Oregon Administrative Rules

Answer: C. IRS Publication 850

Rationale: The only document allowed in the exam room is IRS
Publication 850 (Tax Glossary) .



QUESTION 4
How many questions are on the Oregon Tax Consultant exam?

A. 100
B. 150
C. 163
D. 200

, Page 4 of 138


Answer: D. 200

Rationale: The Tax Consultant Examination is a closed-book exam that
contains 200 questions .



QUESTION 5
How much time is provided to complete the Tax Consultant exam?

A. 3 hours
B. 4 hours
C. 5 hours
D. 6 hours

Answer: C. 5 hours

Rationale: Examinees are given five hours to complete the Tax
Consultant exam .



QUESTION 6
Approximately what percentage of the LTC exam covers federal personal
income tax law?

A. 25%
B. 50%

Información del documento

Subido en
28 de septiembre de 2026
Número de páginas
138
Escrito en
2026/2027
Tipo
Examen
Contiene
Preguntas y respuestas
$25.99

¿Documento equivocado? Cámbialo gratis Dentro de los 14 días posteriores a la compra y antes de descargarlo, puedes elegir otro documento. Puedes gastar el importe de nuevo.
Escrito por estudiantes que aprobaron
Inmediatamente disponible después del pago
Leer en línea o como PDF

Seller avatar
Los indicadores de reputación están sujetos a la cantidad de artículos vendidos por una tarifa y las reseñas que ha recibido por esos documentos. Hay tres niveles: Bronce, Plata y Oro. Cuanto mayor reputación, más podrás confiar en la calidad del trabajo del vendedor.
derejj
2.7
(3)
Vendido
20
Seguidores
0
Artículos
1153
Última venta
17 horas hace



Por qué los estudiantes eligen Stuvia

Creado por compañeros estudiantes, verificado por reseñas

Calidad en la que puedes confiar: escrito por estudiantes que aprobaron y evaluado por otros que han usado estos resúmenes.

¿No estás satisfecho? Elige otro documento

¡No te preocupes! Puedes elegir directamente otro documento que se ajuste mejor a lo que buscas.

Paga como quieras, empieza a estudiar al instante

Sin suscripción, sin compromisos. Paga como estés acostumbrado con tarjeta de crédito y descarga tu documento PDF inmediatamente.

Student with book image

“Comprado, descargado y aprobado. Así de fácil puede ser.”

Alisha Student

Preguntas frecuentes