Free IRS Enrolled Agent SEE Part 1 (Individuals) Specialized Returns for Individuals Practice Questions
Specialized Returns for Individuals on the IRS SEE Part 1 covers estate tax under §2010 (basic exclusion, DSUE portability via §2010(c)(4), Form 706), gift tax (annual exclusion, lifetime exemption, Form 709), and international information reporting (FBAR / Form 8938 / Form 3520 thresholds).
157 questions40 easy69 medium48 hard2026 syllabus
Sample Questions
Question 1
Easy
A taxpayer normally satisfies the FBAR filing requirement by:
🎉
Correct Answer: A
Solution
A is correct. The FBAR is filed electronically with FinCEN through the BSA E-Filing System. Attaching it to an income tax return or answering Schedule B's foreign-account questions does not satisfy that requirement. See Pub. 5569, How to File the FBAR, and FinCEN Form 114 instructions, General Instructions.
Question 2
Medium
The gift tax annual exclusion may be claimed only for a gift of:
🎉
Correct Answer: B
Solution
IRC §2503(b) allows the annual exclusion only for gifts of present interests, and Treas. Reg. §25.2503-3 defines a present interest as an unrestricted right to the immediate use, possession, or enjoyment of property or of the income from property. A gift whose use or enjoyment is postponed to some future date is a future interest and earns no exclusion, so the donor reports the full value as a taxable gift on Form 709.
Question 3
Hard
The period covered by a single FinCEN Form 114 (FBAR) is:
🎉
Correct Answer: D
Solution
Reports of foreign financial accounts are required for each calendar year in which the reporting threshold is met (31 CFR §1010.306(a)(1)). The FBAR is a Bank Secrecy Act report rather than a tax return, so it is not tied to the filer's tax year; a filer whose income tax return covers a fiscal year still reports account values for the January through December period.
FreeFellow was built by Jeffrey Ting, a credentialed actuary and CFA charterholder who has passed thirteen of the hardest exams in finance, all on his first attempt. He paid four-figure prep fees along the way.
So he started writing his own questions, then lessons, then mock exams, until it grew into a full prep platform covering 40 exams with more than 47,000 original practice questions.
01
Cost shouldn't decide who gets in.
A CFA charter, a CPA license, an actuarial credential. Each opens a real career, but prep fees add to the cost of getting there. FreeFellow keeps its original question bank and written lessons free so you can study even if a paid course is out of reach.
02
Free should mean free.
The original question bank, the worked solutions, the topic lessons, mixed practice, and your readiness score stay free, forever. Full access needs a free account, and practice usage limits apply. Fellow adds AI grading on supported exams, spaced-repetition flashcards, full-length mock exams, analytics, and a study plan that adapts to your progress.
