[Anonymous]

It seems that for every rule, there are exceptions, and then if this, do this, if this and this do, this. How do you memorize all of that?

Example:

“The amount of social security benefits that is taxed is dependent on whether the combined income (AGI plus interest on tax-exempt bonds and 50% of the social security benefits) is greater than a threshold amount. If the combined income is less than the threshold, the amount taxed is the lesser of 1) 50% of the benefits or 2) 50% of the excess of the combined income over the threshold. If the combined income is greater than the threshold, the amount taxed is the lesser of 1) amount calculated above plus 85% of the excess of the combined income over the threshold or 2) 85% of the benefits. Thus, 85% of the benefits is the maximum amount of benefits that may be included in gross income.”

[10keyLeah]

Unfortunately, that's tax for you. Looks like you've taken REG twice so you should have a good idea of your weak areas. Go back through the study material and do tons of MCQs. Study like you need 75 points.

I also noticed you've jumped around taking different sections before passing one. If you haven't done so already, I'd suggest sticking with one section until you pass, or at a minimum 2 sections so you can take a section and study another section. If you fail the first one, go straight back to it.

I think jumping around can do some harm because you will probably loose freshness of the material. Just my two cents.

Ninja Combo, Yaeger, Wiley -- Licensed CPA, May 2015

[10keyLeah]

Unfortunately, that's tax for you. Looks like you've taken REG twice so you should have a good idea of your weak areas. Go back through the study material and do tons of MCQs. Study like you need 75 points.

I also noticed you've jumped around taking different sections before passing one. If you haven't done so already, I'd suggest sticking with one section until you pass, or at a minimum 2 sections so you can take a section and study another section. If you fail the first one, go straight back to it.

I think jumping around can do some harm because you will probably loose freshness of the material. Just my two cents.

Ninja Combo, Yaeger, Wiley -- Licensed CPA, May 2015

[Anonymous]

@10key

Thanks for the good advice. I am not going to move on to another section until I pass REG.

[Anonymous]

@10key

Thanks for the good advice. I am not going to move on to another section until I pass REG.

[Author]

Replies