REG – Keeping up with all deductions/phase outs

  • Creator
    Topic
  • April 2, 2018 at 6:05 pm #1755074
    Anonymous
    Inactive

    Hi guys,

    Gonna be taking REG for the first time here in May (hopefully, if I can ever get my ATT and payment coupon!!!).

    My question is – I’m having a terrible time remembering all the floors, deductions, phase outs, and various considerations in REG. If I see a question with an AGI over $100k, I begin to panic because there are so many considerations.

    Does anyone have any advice or tips that helped them remember them? Is it just going to be tons of exposure? Any mnemonics or other hints that might help?

    Full disclosure: I have ZERO tax experience so everything is completely new (and foreign) to me.

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