[jeff]

Welcome to the REG CPA Exam study group for October, November, and December 2018 exams. 🙂

Please introduce yourself & when you’re taking your exam (approximate timeframe).

REG Study Group Links and Resources:

1. NINJA Monthly – Full REG Course for $67/mo
2. How to Study for REG with NINJA Only
3. How to Pass REG in 20 Days
4. How to Retake REG After Failing
5. Video: Study Advice for REG
6. CPA Reviewed Podcast
7. CPA Exam Score Release Dates
8. NINJA MCQ Trending vs Actual REG Scores
9. I Passed the CPA Exam!
10. I Passed REG!
11. NINJA REG SIMS List by Topic
12. Free CPA Review: REG

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

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

[gryfi]

Edan Corp. made a pro rata distribution of marketable securities in redemption of its stock in a complete liquidation during the current year. These securities, which had been purchased in 2014 for $80,000, had a fair market value of $40,000 when distributed. What loss does Edan Corp. recognize as a result of the distribution?
A) $0
B) $40,000 long-term capital loss
C) $40,000 Section 1231 loss
D) $40,000 ordinary loss

Answer is B.

I thought that if a company was redeeming back it's stock it would recognize $0?? Or is that a different type of question lol

[Allsheneededwassome]

1. Idk when I’m taking this exam in Q4. But I need to be done. I’m going to guess thanksgiving realistically
2. Most comfortable with individual
3. Least with entity and business law although i haven’t started studying for anything I took it two years ago and it was such a crazy exam experience I walked out feeling like a moron and also remember being super exhausted. I remember the SIMs being crazy and my brain being fried. I hope this time it’s not such a mind f. I will approach it like all new and read from scratch as it’s been too long.

R 80(E)75!

F 66,69,70,81!

A 71,66,70,72,83!

B 75(E),82!

Ethics 95

[Anonymous]

1. Approx exam date (Late October, mid-November, etc) – Mid November
2. Topic you're most-comfortable within this exam section – Property taxation
3. Topic you're weakest in / worries you the most – Circular 230 and related discplinary actions

[aastha.buttan]

1) Approx Exam Date – Early December
2) Topic most comfortable with – Ethics, Professional Responsibilities and Federal Tax Procedures
3) Topic least comfortable with – Entity Taxation

AB

[bama]

1. Approximate Exam Date is October 21ish
2. Topic most comfortable with- Individual Taxation or S corp
3. Topic Least Comfortable with: Entity Taxation or AMT

[Anonymous]

@Gryfi, Corporate gain is recognized on liquidation unless it's a Parent-Subsidiary liquidation (parent liquidates into an 80+% subsidiary). Maybe this is what you were thinking of.

[kay]

1. I’m taking REG mid November
2. I’m most comfortable with individual taxation
3. Worried about corporate taxation and blaw

[Anonymous]

1. Approx exam date (Late October, mid-November, etc)
November 26th, 2018
2. Topic you're most-comfortable within this exam section
Personal income tax return as well as Regulation D
3. Topic you're weakest in / worries you the most.
Estates, surety's, contracts, and 1933/34.

[Boe]

1. Approx exam date – December
2. Topic you're most-comfortable within this exam section – Individual Tax
3. Topic you're weakest in / worries you the most – Business Law

[reshaye.greenlee]

1. I am hoping to retake the REG exam in Late November. My goal was to be working on Audit, which I have to take by January, I missed REG in August by 2 points
2. I am most comfortable with property transactions and business law
3. I am having difficulty with entity taxation

AUD - NINJA in Training
BEC - NINJA in Training
FAR - NINJA in Training
REG - 73

Keep pushing, becoming a CPA is possible.

[keithiedorsey]

I would like to enter the Giveaway.

1. Approx exam date (Late October, mid-November, etc) Early December
2. Topic you're most-comfortable within this exam section I just starting studying REG with Willey CPAexcel
3. Topic you're weakest in / worries you the most. I just starting studying REG with Willey CPAexcel

Thanks
KD

Keithie Graham

[Tiffany]

I am taking Reg November 17th.
The area I feel most confident in is Business Law.
My kryptonite is Corporate Taxation.

[kipchinyo]

1. Approx exam date – Late November

2. Topic you're most-comfortable – probably Individual Taxation

3. Topic you're weakest in / worries you the most – rest of the topics LOL

[FLACPA]

1. I am taking REG November 21, 2018.
2. I am most comfortable with individual taxation, specifically forms & schedules I have dealt with in the past are more familiar in my mind b/c I've had more experience using.
3. I am weakest in Corporate taxation.
4. I am freaking out about the upcoming REG changes.

Praying for a pass so I don't have to test on them as I have not been keeping up. Trying to get back on CPA journey….

With God, all things are possible!

FAR 65 8/17/15 (NINJA Notes/Book/Audio/MCQ) retake 4/3/16 61 (Gleim didn't study)3rd try Nov '16
AUD 11/24/15 (Gleim)75
REG 8/3/16 (Gleim) Just ordered NINJA audio
BEC TBD

[nikeyaelmore]

1. I am giving my REG exam on 16th October 2018
2. I am most comfortable with Individual Taxation
3. I am weakest in government regulations
AUD – NINJA in Training
BEC – NINJA in Training
FAR – NINJA in Training
REG – NINJA in Training

[Author]

Replies