REG-Medical Dedcution 7.5% or 10%

  • Creator
    Topic
  • #2215774
    traceylynn089
    Participant

    Hi, is the exam using the 7.5% of AGI or 10% of AGI for medical deductions as of 1/1/2019? I use Wiley and I don’t think they have their material fully updated because I keep thinking I have it down and then I will run into a question or use a different study material option and it will be different. (I could also be insane)

    AUD - 91
    BEC - NINJA in Training
    FAR - 88
    REG - 88
    Tracey
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  • #2215885
    jeff
    Keymaster

    7.5% for 2018 tax law (tested until July 2019)…it moves up to 10% for 2019 tax law tested in July and beyond.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #2215987
    Cruz818
    Participant

    I had the same problem with the Wiley material when I was studying for REG. A couple of bits (including the medical deduction) were incorrect. Jeff is spot on, as usual 🙂

    Four months and out!

    Wiley for FAR/BEC.  Wiley + Ninja for REG/AUD

    FAR - 77 (2/2018)

    BEC - 79 (3/2018)

    REG - 78 (5/2018)

    AUD - 86 (6/2018)

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