[Anonymous]

I don’t know how much I should know about this 1933 adn 1934 securities acts, the 1231 and 1245 recapture stuff is just insanely complicated and I don’t understand it. I also don’t under stand why sometimes cost – liabilities = AB and why sometimes Liabilities are ignored if they are less than the cost. Also as far as phasing out credits and amount of money that credits give what should I know. Some of my test problems for Gleim are asking me specifics about what phasouts start at and go to. Like 150k -160k AGI. DO I need to know that?

I don’t know how I am going to do or what I should study with my final time. It’s so much material and all so complicated.