Handling REG Expiring Deductions 2014?

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    Anonymous
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    “Be aware that more than 50 tax breaks that expired in 2013 have not been extended to 2014 as of the July 2014 publication date of this review; they are currently in the U.S. Senate awaiting approval.”

    So I’m going through my MCQ and I keep hitting these, I’m looking for a little security on handling these. My assumption is that there breaks will still be tested? 50 taxes breaks seems like a lot to not test..

    And I’m assuming that during the actual test I’ll be able to tell what it’s asking and if it’s relevant that they have not been approved for 2014 yet.

    So (1) I should still study these breaks, correct?

    and (2) Will it be relevant on the exam that these are not approved yet? (If it says for the 2014 year, should I answer 0 is deductible because it hasn’t been approved, or should I keep it as deductible because it may be approved, etc?)

    Looking for insight because I’m trying to pass this one in one month, can’t waste much time studying stuff I don’t need to know!

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