[Jodie]

Hi,
Anyone using Gleim 2018 Edition for REG? The material is using 10% deductible in medical expenses (schedule A), but the real 2017 return is back to 7.5% from previous 10%. Am I right? So confused.
Anyone took REG and did you come across any question on medical expense deduction? Do you remember whether the exam use 10 or 7.5? Please help!

thanks,
Jodie

[Mae]

They will include it in the question this year.

[alloverit]

7.5% for TYs 2017 & 2018…then back to 10% in 2019

[Jodie]

Thank you all. Gleim uses 10% for all medical deductions for 2017. When I emailed my contact, he only said just use 10%. I am not happy about this issue at all. I wonder if Jeff knows anything about it.

[fsugirl2005]

@jodie I think Jeff's test bank was using 10% as well. From what I remember the Gleim textbook said 10% for everyone except people who are 65(?) or older, and they are 7.5%.

AUD - 10/21/16 (75----07/2010 expired)
FAR - 10/28/16
BEC - 11/2016
REG - 01/2017

Using Gleim CPA Review, Ninja Audio, Ninja Book

[Tim]

I would trust the study material, to be honest. The new tax law is the reason the med deductible is 7.5% in 2017 and not 10%. While the new tax law mainly goes into effect in 2018 this one thing went into effect in 2017 for some reason. The new tax law is not being tested.

[Jodie]

Thank you all. I will continue to follow the review materials then.
Tim, I saw you are using Gleim too, and your scores are pretty high! How many weeks have you spent on REG? My REG schedule on 12/10 and I am only half way through. Very worry.

[Author]

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