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Going through Ninja MCQs for Regulation (after listening to Becker lectures and reading/taking notes of the textbook) and am averaging a 67% and trending 87% (I do the ones I get wrong in full the following day so this might be a little inflated) —
but, I feel that there is so much minutia that I will either forget or fail to glance over and its making me sick :/
For instance, I just came across a question where I had to apply the IRA phaseout for a high income couple and I had no idea of the phaseout amount — are the exam questions going to be that detailed? (FYI — PHASE OUT IS $183,000-$193,000)
Granted, these MCQs are doing a great job of exposing me to the types of questions that may be asked but how in the world (and why in the world) are we asked to memorize these bits of information when in the “real world” a tax accountant would look these up or it would be automatically registered in any tax software (I know this because I have been there and done that)..?
I guess I just needed to vent and only people who have sat or are sitting really understanding what we are going through.
Any words of wisdom or advice would be greatly appreciated. Thanks for your time.
FAR:75!
AUD:69, 63, 73, TBD
BEC:76!
REG:71, TBDBECKER + NINJA PRODUCTS
keep your cool
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