Deductions and Exemptions

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  • June 14, 2015 at 7:16 pm #194797
    johnerickp
    Participant

    I am studying to take REG again (I passed it before, but it expired) next month. Are the deductions and exemptions numbers to be used for the 2015? I purchased the Ninja Notes (which uses 2015), but I am hearing from other people to use the 2014 numbers. Does anyone know which numbers to use? Clarifications will be greatly appreciated :)!

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  • June 15, 2015 at 1:29 am #673609
    taxgeek83
    Participant

    I'd recommend using the figures included in your most up to date materials.

    June 15, 2015 at 3:03 am #673610
    xdesix
    Participant

    They're never going to test you on deduction and exemption numbers in regards to individual taxation, but if you're taking it from July 2015 – May 2016, you'll be using 2015 tax law numbers.

    AUD: Passed
    BEC: Passed
    REG: Studying

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