[Anonymous]

I learned in a CPE 12.19.2017 they changed the medical AGI floor to 7.5% retroactive to Jan 2017 through Dec 2018 for all individuals. The Ninja notes still say 10% AGI floor. Does anyone know if the exam Q1 2018 will be 10% or 7.5% AGI threshold?

[turo9992000]

They don't really test on that. They'll let you know what the thresholds are.

[jeff]

Won't be testable until Q3 2018 exams.

[Anonymous]

Sweet. Thank you!

[OnmywaytoCPA]

In the CPE you took did it mention what the Standard Deduction for 2017 is?

REG - 74, Retook 6/10/16, scored a 72 (Hate this exam)
BEC - 69, 79, 8/1/15
AUD - 83, 4/4/15
FAR - 77, 2/27/16

[Anonymous]

A few key things are changing – I think I read somewhere that Schedule A is bye-bye now because Standard deduction is increasing? Med deduction on Schedule A was 7.5% then the floor went to 10%, and now apparently going back to 7.5. Not that there's much difference…and not that it's going to benefit a whole lot of people. But the biggest changes are happening for the highest earners and the corporations (biting my tongue very hard here…it's going to be a challenging thing though.)

[Anonymous]

I'm also in agreement about them not testing on hair-splitting things like this. If they think a lot of people are going to get it wrong or will debate it if they end up with a 73 or 74, it will end up as a pre-test question or they will throw it out in the end. I'm talking MCQ, not SIMs.

[Author]

Replies