REG Q3 update?

  • Creator
    Topic
  • #2505021
    karla
    Participant

    May someone explain to me what / if major changes are coming to REG in Q3 that would be testable? Would like to know so I can study accordingly. Thank you!

    Failing is not the end; keep trying. I will keep trying.
Viewing 4 replies - 1 through 4 (of 4 total)
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    Replies
  • #2505138
    Jr
    Participant

    Read up on the changes posted by the aicpa or your cpa study guide provider. Relying on other people may lead to inaccurate or sometimes wrong information. Verify yourself. Regards

    #2505171
    karla
    Participant

    I did read up, but I don't understand it. So I came on here to see if someone can clarify it for me.
    It doesn't seem like there are major changes, but it is not easy to understand either.
    I am retaking REG I took in Q2 so want to make sure I can keep studying using what I used then. I am using Ninja alone and haven't seen any updates. Thanks.

    Failing is not the end; keep trying. I will keep trying.
    #2505903
    lmillan08
    Participant

    Karla – I agree. The updates on the AICPA website are very confusing. However, from what I seem to know is QBI is going to be tested Q3. Also, I think they are going to test alimony changes as well, basically making sure you know it’s not taxable income after 12/31/18. I believe it’s little things like that.

    If you know of any other changes, let me know as well please

    #2506431
    karla
    Participant

    @lmillan08 yeah, it seems like the changes they made previously are going to be tested more.
    I also just found out that the Medical Deduction Threshold is going back to the 10%.
    If you find anything else out or minor changes like that, please let me know as well! thanks!

    Failing is not the end; keep trying. I will keep trying.
Viewing 4 replies - 1 through 4 (of 4 total)
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