[jeff]

Predictions are baaaack.

https://www.another71.com/cpa-exam-scores-results-october-november-2009-wave-1.html

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[KWN70]

shopgirl,

I'm in WA as well and I think you are correct, as we have to wait for Castle to do their thing. I could be wrong though.

[Anonymous]

Did anyone from PA get their REGS score yet?

[PACPAHopeful]

I'm from PA…nothing yet here. Just got down digging out from the first part of the storm.

[Anonymous]

I wonder how long it will be until PA sends out the scores? I know a few people (in different states) who have gotten their REGS score. This wait is driving me insane!

[Anonymous]

congrats Soon CPA! it sounds like God has been good to you =)

congrats to everyone that has passed so far. i hope the rest of us will find out we passed tonight =)

[Anonymous]

I left my REG book on my desk at work….here's a little REG question for you all while we wait…

My wife recently began working for a University. They offer employees 16 free credits of tuition a year. Her and her coworkers learned, to their dismay, that the University withholds income tax on the “free” tuition. (“There's no such thing as free lunch!” – oh, wait, now I am getting into BEC)

As we know, tuition below $5,250 is not considered income. We all also know that 16 credits of post-undergrad tuition is certainly more than $5,250.

Does she get taxed on anything OVER $5,250, or does she get taxed on the entire amount if it exceeds $5,250?

I could google it or something, but figured this may help someone pass the time. 😉

[Jaywalk]

haha Atrus, very amusing. True, she probably gets taxed on anything above $5,250. However, since the University is withholding taxes, it seems they are including it as part of her gross wages. Thus, it will be treated as ordinary taxable income. It doesn't sound like the University is treating this as the tax free tuition assistance you mentioned above. I could be wrong.

BEC 78 - 11/27/2008 | AUD 84 - 08/10/2009
REG 82 - 11/23/2009 | FAR 84 - 01/19/2010
-| Passed all sections |-

[Anonymous]

Sorry, yes, should have clarified – they treat it as income.

[Anonymous]

I'm reading and completely blanking out…

[Anonymous]

Atrus:

Look up Pub. 970. Look at the very last page.

Her employer would include the amount over $5,250 in her W-2. Unless its a fringe benefit.

[Anonymous]

Atrus….are you still waiting on your REGS score? I remembered you took your exam a few days before me.

[Anonymous]

Anyone have any thoughts as to whether REG scores will be posted by NASBA tonight?

[horzenj]

Took REG 11/21 and totally thought it was hopeless to even think I scored in the 60's….got my score off my blackberry at approx 6:28am PST…..PASSED, first section down, now 3 more to go!

Thanks Jeff!

AUD - 49, 72, 79(1/2/2010)
REG - 77(11/21/09)
FAR - 63, 80(10/28/2010)
BEC - 54,72, 77(11/28/2010)

[Anonymous]

Has anyone from PA got their REG score yet?

[Anonymous]

Is there any hope for NASBA release tonight?? Why there is low activity at forum ?

[Author]

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