REG – Phase-outs/credit amounts

  • Creator
    Topic
  • #1550646
    Nighoghosian
    Participant

    Hey all,

    I’m studying for REG using becker and am noticing a whole bunch of AGI phase out amounts and am wondering if any are worth memorizing. The lectures say they’re not very important but then some of the MC/sim questions require knowing them. Any tips/tricks to learn them if I have to? Thanks!

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    Replies
  • #1550689
    cpa1982
    Participant

    Yes, you have to remember those AGI phaseout amounts. Individual is a huge chunk of REG exam. Practice MCQ and Sim. Once you start seeing again and again, you will have an easy time remembering it.

    #1550719
    pjd11006
    Participant

    Contrary to what cpa1982 said, you do not need to know these figures. I took the exam this past Saturday; albeit difficult, it didn't ask anything about the amounts. Just know which deductions phase-out, because not all do.

    FAR TBD (8/02/2016)
    BEC --
    AUD --
    REG --

    #1550739
    Anonymous
    Inactive

    Using Becker, in the lecture, instructor mentions that don't get caught up in the amounts, just know a rough point of each threshold. But even that seems difficult to me, because even the “rough” thresholds quite largely varies!

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