REG Study Question – Phase Outs

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    Topic
  • #198797
    Anonymous
    Inactive

    As a tax preparer and CPA exam candidate I was wondering how important it is to study the exact phase out ranges for the different tax concepts such as credits and deductions for the exam?

    FAR – 85

    AUD – 91

    REG – NA

    BEC – NA

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  • #750549
    Anonymous
    Inactive

    Personally – I didn't need to know them.

    #750550
    Jdn9201
    Participant

    I work in tax and I skipped over them. I took REG in November and wasn't even tested on them. I don't think they are important to study/remember because they change. Also, so long as you are good at research, you can find the phase outs necessary to prepare someone's return by looking at the Reg's or searching online.

    BEC - 88 8/29/15
    REG - 82 11/14/15
    AUD - 83 1/8/16
    FAR - 80 2/29/16

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