[natecjarvis]

I’m taking the exam at the end of this month (5/30/16.) I just need to know, which tax year should I assume would be tested? I know this doesn’t make much of a difference usually, but when I pull up literature like Pub 17 it would be nice to know which year I should pull up. And some things do change from year to year beyond just amounts for exemptions and so forth. For instance, my textbook (based on 2014) states that NOLs for a sched C business could be carried back 3, 4, or 5 years prior to 2014, but that the carryback is not available for 2014 (the year my textbook was written.) So if it came back in 2015, then it would be nice to know which treatment I should expect to use.

So, will someone please enlighten me? I can’t find this information ANYWHERE.

[Credit Revenue]

2015

A - 79 expires 4/30/16 need a pass on REG
B - 78
F - 80
R - 83!!! Can live again!

[mvol5]

I am in the same boat too. My first test is REG and it is on 5/18. Looks like we will be tested on a $500,000 limit on section 179. If I am correct, if REG is taken in Q3, then 2016 rules apply.

And I am wanting to say that tax due dates have a change for 2016, is that right? I watched Roger and made a post recording and said something to that effect. It came across as a bit all over the place to me.

[natecjarvis]

Thanks Credit Revenue! Looks like you just took REG so you are definitely the authority on this! Good luck on your score release.

Good luck on your 5/18 sit mvol5!

I'm new to the site so I forgot about including my scores etc.

FAR – 11/30/15 – 80 (Lambers)
AUD – 2/27/16 – 92 (Lambers)
BEC – 5/7/16 – Praying it's a pass (Wiley Study Guide book only)
REG – 5/30/16 (Using Lambers but it's based on 2014 tax year)

[Author]

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