Taxing the exam July 8th. Is this course info up to date?

  • Creator
    Topic
  • June 30, 2017 at 9:46 pm #1579730
    Zachary Mobley
    Participant

    For example, these questions about mileage rates. Will the exam use the 2017 mileage rate or the 2016 mileage rate.

    Same goes for every other tax law.

Viewing 2 replies - 1 through 2 (of 2 total)
  • Author
    Replies
  • July 3, 2017 at 3:24 am #1580272
    benboccio
    Participant

    I wouldn't spend time worrying about memorizing these things. They generally want you to know how to calculate mileage (and will provide the formulas), not remember exactly what it is.

    July 4, 2017 at 9:31 pm #1582204
    Want2BeCPAsoBad
    Participant

    If tested (which I doubt) they will give you the rate to use. You don't have to memorize any rates, you need to know the concept, thresholds, Sch. A and phase outs. So don't waste your time on that.

  • Author
    Replies
Viewing 2 replies - 1 through 2 (of 2 total)
  • The topic ‘Taxing the exam July 8th. Is this course info up to date?’ is closed to new replies.