EA Part 2 Business Tax Prep Practice Questions
Domain 2 of SEE Part 2: Businesses · 37 of 85 scored questions
Ten EA Part 2 questions on business tax preparation, untimed, with every option explained.
Or take the full EA Part 2 mock examA business purchased a building in 2025 for $1,000,000, with $200,000 of the price allocable to the land. What is the depreciable basis of the building?
Business Tax Preparation on EA Part 2
Business Tax Preparation is the largest domain on the whole exam: 37 of Part 2's 85 scored questions. Depreciation, recapture, employment taxes and accounting methods carry most of the calculations.
- Outline
- Business income, expenses and credits, depreciation and section 179, asset sales and recapture, accounting methods, employment taxes and information returns
- Share of the exam
- 37 of 85 scored questions (44%)
- Our drill
- 10 questions from 54 on this domain, untimed, every option explained; one free attempt, unlimited with a pass
What to know for tax year 2025
- For tax years beginning in 2025, section 179 allows up to $2,500,000, phased out above $4,000,000 of property placed in service; bonus depreciation is 100% for property acquired after January 19, 2025.
- Residential rental property is depreciated straight-line over 27.5 years and nonresidential real property over 39 years, both mid-month.
- Gain on business equipment is ordinary income to the extent of depreciation (section 1245); net section 1231 gain is otherwise long-term capital gain.
- Business meals are 50% deductible, gifts are limited to $25 per recipient, and the 2025 standard mileage rate is 70 cents a mile.
- The 2025 gross receipts test for small business taxpayers (cash method, UNICAP and interest-limit exemptions) is $31 million.
- FUTA is 6.0% on the first $7,000 of wages, usually 0.6% after the state credit; employers with $50,000 or less in the lookback period deposit monthly.
Test yourself on business tax preparation
Ten EA Part 2 questions on business tax preparation, untimed, with every option explained.
Or take the full EA Part 2 mock examCommon questions
How many business tax preparation questions are on SEE Part 2?
37 of the 85 scored questions, according to the PSI content outline. Our full mock draws exactly 37, plus unscored experimental questions mixed in as on the real exam.
Are these real SEE questions?
No. The IRS and PSI do not release exam questions, and candidates sign a non-disclosure agreement. These are original practice questions written to the PSI content outline for tax year 2025, with an explanation for every option.
More EA Part 2 domains
Outline and exam facts checked November 2026: PSI: SEE Candidate Information Bulletin (revised October 9, 2026) · IRS: Enrolled agents frequently asked questions · IRS: Become an enrolled agent.
Original independent practice questions written to the PSI content outline for tax year 2025. Independent practice, not affiliated with or endorsed by the IRS or PSI Services.