[jeff]

REG Study Group Links and Resources:

1. NINJA Monthly – $67 REG Course
2. Free REG Notes
3. REG Course Comparison
4. How to Pass REG (with NINJA)
5. How to Pass REG (in 20 Days)
6. How to Pass REG (after Failing)

See Also:

• FAR Study Group
• AUD Study Group
• REG Study Group
• BEC Study Group

[zettrawl44]

@Determined24 I’m not sure yet. I’m going to focus on getting through the material again, but I’m shooting for end of February beginning of March.

[jaya]

Need your help on the below question . Can you answer this ?

Mr and Mrs are born in united states. On behalf of their work Mr stayed in US Virgin Islands for 4 months and returned back to US rest of the year. where as Mrs stayed in US virgin islands for 6 months on behalf of her work and the reminder of the year she is in US. They want to file their Tax return as Married filling jointly. Which section of the code determines their filing status

[jaya]

Need your help on the below question . Can you answer this ?

Mr and Mrs are born in united states. On behalf of their work Mr stayed in US Virgin Islands for 4 months and returned back to US rest of the year. where as Mrs stayed in US virgin islands for 6 months on behalf of her work and the reminder of the year she is in US. They want to file their Tax return as Married filling jointly. Which section of the code determines their filing status

[Determined24]

@Zettrawl44 Ok our scores are close; I started studying the day the score released because I feared waiting too long and losing what I knew already. Well, now I am counting on NINJA to get me over the pass mark because I failed so many times with the same review course. As they say, don't do the same thing and expect different results.

[Typical]

I think you are going to be very out of date with v 3.1. you should try to pick up the new book in my opinion!

[kakooakki]

Thank you @typical

[Typical]

Got my exam a week from tomorrow guys! I've been very busy with work and personal things going on but I'm trying my best. I have been trying to continue to look at mock exams and I'm going to spend a few hours and really master the QBI rules this weekend because I feel like its going to show up on my simulations. If anyone who has taken the test recently has any advice, would be very appreciated!

Thanks and good luck guys !!

[Hopefulfor75]

Hi all!

Have my (hopefully) last test scheduled for 1/30/19. I am doing great in individual, ok in property & entity, and horrible in b-law…. Need to pass as I am heading into audit busy season and AUD expires 1/30/19 if I do not pass.. Anyone take REG this quarter yet? How are you feeling?

[Typical]

@Hopefulfor75 hey man kind of in the same boat as you im taking my test on 2/1/19 tho. I feel comfortable with most of the individual stuff and most corporate. a little uneasy about section 1250 and such…and some things in regards to trusts and estates. business law i feel good with atm so im happy about that. wishing you the best of luck!

[Hopefulfor75]

@Typical

Thank you, you too! I guess I'll see you in the score release thread. I feel like I honestly have no idea how I passed FAR, total crapshoot and really have to believe in the curve after that exam. My other ones I knew I passed. Hoping I get some kind of miracle with REG as long as I'm close….

[TheoneinDenver]

@zhenni:

Section 1245 is a mechanism to recapture at ordinary income tax rates allowable or allowed depreciation or amortization taken on section 1231 property. Allowable or allowed means that the amount of depreciation or amortization recaptured is the greater of that actually taken or that could have been taken but was not. Another words I agree with your logic.

[Determined24]

@Hopefulfor75 I notices the huge jump in your scores? What did you do differently? Did you switch courses too?

I am going in for REG retake; have not schedule as yet but I feel ok in most except this new QBI I read the text plus several articles and my eyes just keep rolling. Plus I am not seeing a lot of mcq or tbs in the review course.

[Determined24]

@Jaya try
U.S. Code Title 26. INTERNAL REVENUE CODE Subtitle F. Procedure and Administration Chapter 61. INFORMATION AND RETURNS Subchapter A. Returns and Records Part II. TAX RETURNS OR STATEMENTS Subpart B. Income Tax Returns Section 6013. Joint returns of income tax by husband and wife

The answer may be in that section somewhere. I would still think they can file jointly as on the last day of the tax year they were both married and US citizen and reside in the US since they returned to the US by year-end. The code title 26 above is where I could find so far that refer to this situation.

[Hopefulfor75]

@Determined24, what review course are you using? I am using Wiley CPAexcel and I've thought it's done a great job. Honestly, the score jumps are from not taking a risk and assuming I could get by with knowing 60% of the material. So I made sure I at least did a very basic review on everything I had a hard time with, but no way I knew more than 80% of the material going into the exam.
FAR, I didn't put insanely more effort from the two times I didn't pass, so I have no idea what changed there… I do remember that my tests were insanely different, and I got “lucky” with the material I received on the third one.

[Determined24]

@Hopefulfor75 I am using Wiley too failed so many times with it, and it keeps drawing me in due to their access until you pass with updates. However, now I am hoping to get through with NINJA.

[Author]

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