In order to be a qualified dividend, the stock must be held for more than 60 days during the 120 day period which begins 60 days before the ex-dividend date. Disqualified dividends are treated as ordinary income and not taxed at favorable rate.
I'm taking REG 7/1, I may change the date. Anyway, the material is putting me to sleep. Its a 10 on the boring scale right now. FAR was much more interesting, at least for me.
I failedREG again (63) and will need to retake, probably towards the end of the summer. Apparently there are changes applied starting on July 1. Do I need to start studying from scratch and rewatch updated lectures, or are the changes very minor?
Hey guys! I'm taking REG in Q3 but that thread isn't really active yet. I was hoping some of you could clear up a discrepancy I have in two sets of my notes. One set says that the American Opportunity Tax Credit is not refundable and another set of notes says it is refundable but only up to 40%. Can you tell me which one is correct? Thanks!
@Mamabear I was just reviewing AOC .. The Form 8863 for AOC line 8 shows that 40% is refundable. The line is copied below for your ref.
8 Refundable American opportunity credit. Multiply line 7 by 40% (.40). Enter the amount here and on Form 1040, line 66, or Form 1040A, line 40. Then go to line 9 below……….
FAR - 81 29th Aug 2013
AUD - 84
REG - 82
BEC - 89 29th Aug 2014
Using Yager
So this is just me whining…but I don't know how I will ever pass REG and my test is in 1 week. 🙁 I'm reading the Wiley text book. I felt good going through the business law portions. I felt meh going through individual taxation. After reviewing it and hitting the MCQ's for this I think I'll be ok. However, for whatever reason Corporate taxation feels like a different language to me. I understand very little of it and don't know how I'll ever remember all the additions/subtractions (tax vs book, etc.) to come up with whatever they are asking, let alone the formulas. I think I could re-read this 10 times and still have the dunce look on my face. I'll listen to my audio a few hundred times and hit the MCQ's hard,but if anybody has some helpful tips, mnemonics, you name it, feel free to cue me in!
Studying with Wiley Review, Wiley Test Bank, Ninja Audio.
Retakes with Ninja MCQ only...awesome!
Far - 1/28 72, 7/22 79
Aud - 2/28 70, 8/14 83
Bec - 4/10 80
Reg - 5/30 64, 7/2 82
Any tips for learning this stuff? I constantly bomb my homework.. It just isn't sinking in for me. Granted I am only in R2, but it is not making much sense?