[WILLFINISH]

Well REG has a ton of memorization….I am hoping people can pitch in on catchy phrases. Any other advice greatly appreciated.
A catch mnemonic from an old posting on here for Adjustments is “SHITI’MDOPEASS”……Any others?

[RE2PECT]

Roger has some good ones for individual tax.

“For AGI” adjustments (I-EMBRACED-EHF)

“I”nterest on student loans ($2500)
“E”mployment tax (50% self employment tax, 100% medical premiums)
“M”oving expenses
“B”usiness expenses
“R”ent, royalty and flow-through entities
“A”limony
“C”ontributions to retirement
“E”arly withdrawal penalty
Jury”D”uty pay
“E”ducation ($4000)
“H”ealth savings account
“F”arm income

“From AGI” adjustments (COMMITT)

“C”haritable contributions
“O”ther miscellaneous
“M”iscellaneous expenses (2% AGI)
“M”edical expenses
“I”nterest
“T”axes
“T”heft or casualty

There's more that I'll try and post later.

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[tgwadez11]

Statute of Frauds for BLAW section

MY LEGS

M – Marriage
Y – > 1 year
L – Land
E – Executor
G – Goods > $500
S – Surety

AMT Adjustment for Individual tax

PANIC TIMME

P – Passive losses
A – Accelerated depreciation
N – NOL
I – Installment sale income from dealer
C – Contracts
T – Tax deductions
I – Interest deductions (on home equity loans – you add back portion not for home)
M – Medical deductions (10%)
M – Misc. deductions (add back 2%)
E – Exemptions and standard deduction

AUD (PASSED) - 56, 91
BEC (PASSED) - 80
REG (PASSED) - 68, 74, 77
FAR (PASSED) - 78

[WILLFINISH]

Thank you these are helpful

[aatoural]

From a thread I found a while back
Adjustments above the line (to get to AGI)

SHIT I’M ASS DOPE

S (Student Loan)

H (Health Savings)

I (IRA)

T (tuition)

I (Interest withdrawal penalty)

M Moving Expenses

A Alimony Paid

S Self Employment health Ins

S Self Emplyoemnt retirement

D Domestic Production

O One half of self emplyoment

P Paid atty fees

E Educator Expense

BEC - PASSED
AUD - 8/29/16
FAR - TBS
REG - TBS

[aatoural]

Also thse:

Refundable Tax Credits [SALE CAW]

Social Security (excess) Paid

American Opportunity credit

Long-term Unused Minimum tax credit

Earned income credit

Child tax credit

Adoption credit

W-2 Withholding tax

Nonrefundable Tax Credits [FREE GC]

Foreign tax credit

Retirement savings contribution credit

Elderly & disabled credit

Education credits (lifetime learning)

General business credit

Child & dependent credit

BEC - PASSED
AUD - 8/29/16
FAR - TBS
REG - TBS

[Author]

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