REG – Should I use Becker 2009 material to take the test in Oct 2010?

  • Creator
    Topic
  • #158348
    Jan2010
    Participant

    Hi everyone:

    I was wondering if i can still use Becker 2009 material to take the test in a few months. in 2009 most of the threshhold, deduction etc are 2008 related.

    If i want to take the REG test in Oct 2010 would they test 2009 numbers or 2010? I am confused to which updates should I download from Becker site?

    Please advice.

    Thx

    J.

    FAR - 82
    BEC - 79
    REG - 94
    AUD - 84

Viewing 4 replies - 1 through 4 (of 4 total)
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  • #239974
    Anonymous
    Inactive

    From the Becker site you would need to download 2009. I think they update the 2009 version updates to match current date, no ? Also, just know the AMT exemption amount changed and the insurance exemption ($100). Other than that, the 2009 tax laws vs. 2010 are pretty minor.

    I would take the time to review the Supplemental information for R1 : 2010 edition update. Becker did a very weak job explaining the realized or recognized gain on a like kind exchange. They barely mention it but gave questions on it. The Supp information was very helpful for me. Good luck!

    #239975
    Jan2010
    Participant

    Thx Cpasomeday!

    I wasn't sure which tax laws are tested in 2010.

    FAR - 82
    BEC - 79
    REG - 94
    AUD - 84

    #239976
    NY.CPA.Someday
    Participant

    I thought the exemption in 2009 was $500, not $100?

    FAR - 8/4 - 93
    AUD - 8/26/10 - 97
    REG - 10/3/10 - 93
    BEC - 11/21/10 - 82

    #239977
    Jan2010
    Participant

    NYC CPA:

    you are correct the exemption is $500 for 2009 and $100 for 2010. Its ambiguous on what would be test on the exam? If I get such question do I use the $500 exemption or $100? hmmmmmm

    FAR - 82
    BEC - 79
    REG - 94
    AUD - 84

Viewing 4 replies - 1 through 4 (of 4 total)
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