[jeff]

REG Resources:

Free REG Notes & Audio – https://www.another71.com/cpa-exam-study-plan

REG 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

REG Score Release: https://www.another71.com/cpa-exam-scores-results-release

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[UCMCPA]

@mehwish.. I'm not sure, but I'm sure they would? Maybe someone that knows someone that has taken REG can comment.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

@mehwish.. I'm not sure, but I'm sure they would? Maybe someone that knows someone that has taken REG can comment.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[Qlad]

All I know about American opportunity credit is 1. it is allowed for first 4 yrs of college. 2. Must be atleast half time student. 3.includes books as deduction…don't know the max. amounts etc if any….

For Lifetime Learning C…i just know that 1.Full time student is must. 2.Books not allowed as deduction….what else is important difference between the two?

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

All I know about American opportunity credit is 1. it is allowed for first 4 yrs of college. 2. Must be atleast half time student. 3.includes books as deduction…don't know the max. amounts etc if any….

For Lifetime Learning C…i just know that 1.Full time student is must. 2.Books not allowed as deduction….what else is important difference between the two?

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[JTS254]

Hey guys, just joining the forum from Audit. This will hopefully be my last exam so I'm really hoping to hit it hard. I've gone through the Becker videos for R-1 and R-2. I haven't seen anything “too challenging” thus far, just a lot of memorization. For those of you further into the program, which Becker section do you feel is the toughest with regards to REG?

FAR - 84
BEC - 89
AUD - 93
REG - 87

[JTS254]

Hey guys, just joining the forum from Audit. This will hopefully be my last exam so I'm really hoping to hit it hard. I've gone through the Becker videos for R-1 and R-2. I haven't seen anything “too challenging” thus far, just a lot of memorization. For those of you further into the program, which Becker section do you feel is the toughest with regards to REG?

FAR - 84
BEC - 89
AUD - 93
REG - 87

[UCMCPA]

@qlad…

The aoc is 100% of the first 2,000 qualifying expenses, 25% of the next 2,0000… it is also partially refundable, up to 40% in 2012. I'm not sure if this is extended for 2013? You can also take it PER STUDENT. So if you have 3 dependent students you get the credit 3 times.

The lifetime learning is 20% of the first 10,0000, is nonrefundable, and is per taxpayer/return.

They are also both subject to phase outs

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

@qlad…

The aoc is 100% of the first 2,000 qualifying expenses, 25% of the next 2,0000… it is also partially refundable, up to 40% in 2012. I'm not sure if this is extended for 2013? You can also take it PER STUDENT. So if you have 3 dependent students you get the credit 3 times.

The lifetime learning is 20% of the first 10,0000, is nonrefundable, and is per taxpayer/return.

They are also both subject to phase outs

FAR - 84
AUD - 94
REG - 86
BEC - 86

[jeff]

Free Individual Tax BLITZ: https://www.another71.com/ninja-blitz/

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[jeff]

Free Individual Tax BLITZ: https://www.another71.com/ninja-blitz/

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[UCMCPA]

Doing the other becker final test today, hoping for a 70-80.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

Doing the other becker final test today, hoping for a 70-80.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[Qlad]

here ‘s a question about 179 …

A Co. bought a machinery in the current year for $950,000, the only equipment for the year…what will be the max deduction for sec. 179 if A Co. has AGI $700,000…

A 125000

B 0

C 50000

D 100000

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

here ‘s a question about 179 …

A Co. bought a machinery in the current year for $950,000, the only equipment for the year…what will be the max deduction for sec. 179 if A Co. has AGI $700,000…

A 125000

B 0

C 50000

D 100000

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[OCDisME]

@Qlad and UCMCPA regarding the Education Tax Incentives…do you have any good mnemonics or anything to help remember it? I barely glanced over it during studying, and I think there was maybe 1 or 2 questions on MCQ.

@UCMCPA I just took my first Becker Practice Exam and by averaging everything, I got an 84. I wish this is how the actual exam was scored! I was thrown by some of the MCQ and Sims…they hardly covered a couple things in lecture and during homework MCQ and then they throw these MCQ in to the practice exam?! WTF!!!

Becker Online - IL Candidate

FAR: 85
AUD: 85
BEC: 78
REG: 90

[Author]

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