AFTR Study Guide 2026
Everything you need to pass the AFTR exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 AFTR Exam Format at a Glance
📚 AFTR Topics to Study (21)
✍️ Sample AFTR Questions & Answers
1. What fiduciary duty applies to risk assessment?
Fiduciary duty requires acting in the client's best interest with loyalty, care, and full disclosure of all material facts.
2. The Additional Medicare Tax of 0.9% applies to wages and self-employment income that exceeds what threshold for single filers?
The 0.9% Additional Medicare Tax applies to wages, RRTA compensation, and self-employment income exceeding $200,000 for single filers ($250,000 for MFJ).
3. How should conflicts of interest be managed in portfolio management?
All actual and potential conflicts of interest must be identified, disclosed to clients, and mitigated to maintain trust and compliance.
4. Which form is used by individuals to pay estimated federal income taxes?
Form 1040-ES, Estimated Tax for Individuals, is used to calculate and pay quarterly estimated taxes.
5. What continuing education requirement supports regulatory compliance competence?
Financial markets, regulations, and best practices evolve constantly, requiring ongoing education for competent practice.
6. Form 1099-R is used to report which of the following?
Form 1099-R is issued by payers to report distributions from retirement accounts including IRAs, pensions, annuities, and profit-sharing plans.