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Hi all,
I’m using Becker 2012 materials and my exam is within this window (July – August ’13).
In Becker’s 2013 tax update, they mentioned that the Itemized Medical limitation is 10% of AGI rather than 7.5% in 2012.
Also, they mentioned that §179 amounts are 500,000/2,000,000.
Also, the personal exemption is updated to $3,900 from $3,800.
My question is, which amounts are used for exam purposes, the updated 2013 ones or 2012?
Thank you.
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