REG – Phase-outs/credit amounts

  • Creator
    Topic
  • #1550646
    Nighoghosian
    Participant

    Hey all,

    I’m studying for REG using becker and am noticing a whole bunch of AGI phase out amounts and am wondering if any are worth memorizing. The lectures say they’re not very important but then some of the MC/sim questions require knowing them. Any tips/tricks to learn them if I have to? Thanks!

    AUD - 95
    BEC - 91
    FAR - 90
    REG - 88
    AUD - 7/3/17

    BEC - 7/31/17

    FAR - 90

    REG - 5/25/17

Viewing 3 replies - 1 through 3 (of 3 total)
  • Author
    Replies
  • #1550689
    cpa1982
    Participant

    Yes, you have to remember those AGI phaseout amounts. Individual is a huge chunk of REG exam. Practice MCQ and Sim. Once you start seeing again and again, you will have an easy time remembering it.

    #1550719
    pjd11006
    Participant

    Contrary to what cpa1982 said, you do not need to know these figures. I took the exam this past Saturday; albeit difficult, it didn't ask anything about the amounts. Just know which deductions phase-out, because not all do.

    AUD - 88
    BEC - 87
    FAR - 89
    REG - 86
    Finally... This journey is at an end! It may have been a struggle every step of the way, but in the end, the time spent was well worth it. If we go to school to become accountants, why not go for gold?

    FAR TBD (8/02/2016)
    BEC --
    AUD --
    REG --

    #1550739
    Anonymous
    Inactive

    Using Becker, in the lecture, instructor mentions that don't get caught up in the amounts, just know a rough point of each threshold. But even that seems difficult to me, because even the “rough” thresholds quite largely varies!

Viewing 3 replies - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.