@abc123, I think yes… when doing the MCQ's they tend to give you the facts about a topic and ask for the amount after taking the deduction. Sometimes the facts will exceed the max deduction and sometimes they will not. I have not taken REG yet so I am not 100%, but that is my opinion.
Status update… Taking the exam in 6 days; I have watched the lectures on Indiv, Property Transactions, Partnerships, Corps, and Estates. I think I have like 14 hours of video left. I will be finishing this on Friday and then doing a final review on Saturday and Sunday. I feel like I am a little behind… I would have liked 3 or 4 days for final review, but what can you do? Schedule the rest of the week:
Work 8-5 Tuesday-Friday; study from 5:30-10:30 afterwork – Lectures for 4 hrs and review 1hr.
Saturday – Review all notes in the morning. Complete Yaeger Min Questions by dinner. Then review notes again, followed by practice tests w/ Wiley Software.
Sunday – Review Notes again, and read book on fuzzy areas. Do as many questions as possible in Wiley Software (has proven to be a good way to learn! gives you the explaination if you get it right or wrong), also do AICPA released questions in the back of Wiley book.
This has been the general schedule I have stuck to in final review thus far so I hope I can pull it off one more time. I generally put in 1/4 of my total study time on a section in during the weekend prior to the test (always take on Monday, except 1…). Come on study habits!!!
BEC: 73,81(7/6/2010); AUD: 75(5/24/2010); FAR: 76(8/31/2010); REG: 77 (10/18/2010) - DONE!!!!