CPA REG Practice Exam
Taxation and Regulation is a Core section: 72 multiple-choice questions and 8 task-based simulations in four hours, half the score each. It covers tax practice ethics, business law and federal taxation of individuals, property and entities.
72 multiple-choice questions and 8 task-based simulations in 4 hours and 5 testlets, scored by Blueprint area with a reason for every answer.
Or start with a free 10-question drill- 87 original REG questions with a reason for every option
- 8 task-based simulations with exhibits and part-by-part scoring
- 9 free drills: every Blueprint topic, a mixed set and a simulation set
Which business expense is fully nondeductible for a corporation?
CPA REG exam format
Taxation and Regulation (REG), a Core section every candidate takes, under the AICPA CPA Exam Blueprints effective January 1, 2027.
- Format
- 72 multiple-choice questions and 8 task-based simulations in 5 testlets (36 MCQ, 36 MCQ, then 2, 3 and 3 TBS)
- Time
- 4 hours
- Score weighting
- Multiple-choice 50%, task-based simulations 50%
- Content areas
- I Ethics and tax procedures 10–20% · II Business law 15–25% · III Property transactions 5–15% · IV Individuals 22–32% · V Entities 23–33%
- Tax law tested
- H.R. 1 (One Big Beautiful Bill Act) provisions with 2024 and 2025 effective dates have been eligible for testing since July 1, 2026
- Passing score
- A scaled score of 75 on a 0–99 scale. The scaled score is not a percentage of questions answered correctly
- When you can test
- Core sections test year-round on the current platform. From July 12, 2027 the CPA Exam moves to a new delivery platform with quarterly windows (July 12–September 30, October 1–December 15)
- Fee
- US$268.59 per section exam fee in NASBA-served jurisdictions (as of July 4, 2026), plus your board’s application or registration fees
What’s on CPA REG
The Blueprint content areas, split into the topics you study. Our full mock draws each area’s multiple-choice questions at the middle of its range. Every topic has a study guide and a free ten-question drill.
| Topic | Blueprint | Guide and drill |
|---|---|---|
| Area I. Ethics, Professional Responsibilities and Federal Tax Procedures | 10–20% of the section | |
| Tax practice ethics and federal tax procedures | I.A–I.D | 10-question drill |
| Area II. Business Law | 15–25% of the section | |
| Business law: agency, contracts, debtor-creditor, federal law and business structures | II.A–II.E | 10-question drill |
| Area III. Federal Taxation of Property Transactions | 5–15% of the section | |
| Basis, cost recovery and property transactions | III | 10-question drill |
| Area IV. Federal Taxation of Individuals | 22–32% of the section | |
| Individual gross income and pass-through items | IV.A, IV.B | 10-question drill |
| Individual deductions, loss limits, filing status and credits | IV.C–IV.F | 10-question drill |
| Area V. Federal Taxation of Entities | 23–33% of the section | |
| Book-tax differences and C corporations | V.A, V.B | 10-question drill |
| S corporations, partnerships, LLCs and exempt organizations | V.C–V.F | 10-question drill |
What REG tests
- Tax practice ethics (Circular 230, the AICPA tax standards, preparer penalties), federal tax procedures and accountants’ legal liability.
- Business law: agency, contracts, debtor-creditor relationships, bankruptcy, employment law and business structures.
- Federal taxation of individuals and of property transactions, and taxation of C corporations, S corporations, partnerships, LLCs and exempt organizations.
- H.R. 1 changes such as the higher SALT cap, permanent 100% bonus depreciation for property acquired after January 19, 2025 and domestic research expensing are testable now.
Take a full REG mock under the real clock
72 multiple-choice questions and 8 task-based simulations in 4 hours and 5 testlets, scored by Blueprint area with a reason for every answer.
Or start with a free 10-question drillCommon questions
How many questions are on CPA REG?
72 multiple-choice questions and 8 task-based simulations in five testlets, with four hours of testing time.
Does REG test the One Big Beautiful Bill Act?
Yes. The AICPA made H.R. 1 provisions with 2024 and 2025 effective dates eligible for testing in REG and TCP starting July 1, 2026; other provisions become testable in the calendar quarter beginning six months after their effective dates.
How is REG scored?
Multiple-choice questions and simulations each count for 50%. Scores run from 0 to 99 and 75 passes.
Do I need to memorize inflation-adjusted amounts?
Our questions state any inflation-indexed amount a calculation needs, such as the standard deduction, so you practice the rules rather than the year’s tables.
Can I take REG any time?
Yes, until the platform change. Core sections test year-round on the current platform. From July 12, 2027 the CPA Exam moves to a new delivery platform with quarterly windows (July 12–September 30, October 1–December 15).
Ready for exam day?
72 multiple-choice questions and 8 task-based simulations in 4 hours and 5 testlets, scored by Blueprint area with a reason for every answer.
Or start with a free 10-question drillAll six CPA Exam sections
Pass the three Core sections and one Discipline section. One CPA pass covers every full mock and unlimited drills for all six. CPA Exam overview
Core: everyone takes all three
Exam format, weights, fees and testing windows checked November 2026: AICPA: Learn what is tested on the CPA Exam (Blueprints effective January 1, 2027) · AICPA: CPA Exam score release and testing windows · NASBA: CPA Exam FAQ · Virginia Board of Accountancy: CPA Exam fees.
Original independent practice questions and simulations written to the AICPA CPA Exam Blueprints. Not affiliated with or endorsed by the AICPA or NASBA. Uniform CPA Examination is a registered trademark of the AICPA.