REG: AMT Mnemonic?

  • Creator
    Topic
  • #828604
    littlemissrocky
    Participant

    Hey guys,

    I will be sitting for REG next week and I noticed during my review that I don’t have any mnemonics for AMT calculations, like add backs or itemized AMT deductions.

    Did anyone make a mnemonic for AMT that you are willing to share? Much appreciated 🙂

    B-81 11/9/16
    A-87 8/8/16
    R-87 9/8/16
    F-84 7/12/16

    "If you can shape it in your mind, you will find it in your life."- fortune cookie inspiration

    “I hated every minute of training, but I said, ‘Don’t quit. Suffer now and live the rest of your life as a champion.'” - Muhammad Ali

    B- TBD
    A- Scheduled 8/816
    R- Scheduled 9/8/16
    F-84! (7/12/16)
    "If you can shape it in your mind, you will find it in your life." - A little inspiration from a fortune cookie

Viewing 4 replies - 1 through 4 (of 4 total)
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    Replies
  • #828769
    Paydirt123
    Participant

    littlemissrock: I'm also taking REG, Wednesday:
    1\ regular TAX- Adjustments (Deductions) FOR AGI- above the line: MAISES TO HAIDS
    2) AMT ADJUSTMENTS: PANIC
    3) AMT ITEMIZED DEDUCTIONS: TIMME
    4) OTHER AMT ADJUSTMENTS: PEE CRIP
    5) TAX PREFERENCE ITEMS: PPP

    Becker gave me #2 and 3, I made up the rest. That'll be fifty bucks! lol

    AUD - 84
    BEC - 80
    FAR - 80
    REG - 85
    Took the long way, but I got there
    #829042
    littlemissrocky
    Participant

    @paydirt123 Thank you!

    Do you mind writing out what the mnemonics stand for?

    B-81 11/9/16
    A-87 8/8/16
    R-87 9/8/16
    F-84 7/12/16

    "If you can shape it in your mind, you will find it in your life."- fortune cookie inspiration

    “I hated every minute of training, but I said, ‘Don’t quit. Suffer now and live the rest of your life as a champion.'” - Muhammad Ali

    B- TBD
    A- Scheduled 8/816
    R- Scheduled 9/8/16
    F-84! (7/12/16)
    "If you can shape it in your mind, you will find it in your life." - A little inspiration from a fortune cookie

    #829069
    Paydirt123
    Participant

    kind of: I'm jammed up studying trying to cram so I can take the exam Wednesday, instead of waiting until July

    AUD - 84
    BEC - 80
    FAR - 80
    REG - 85
    Took the long way, but I got there
    #829090
    Paydirt123
    Participant

    1) Moving expenses, Alimony paid, Interest withdrawal penalty, Student loan interest, Educator credits, SE Health insurance (MAISES); Tuition & Fees, One-half SE (TO), HSA, Attorney fees, IRA contributions, Domestic production activities, SE retirement (HAIDES)

    It took me a couple minutes, I'm a slow typer. Let me know how if it works for you

    AUD - 84
    BEC - 80
    FAR - 80
    REG - 85
    Took the long way, but I got there
Viewing 4 replies - 1 through 4 (of 4 total)
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