[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

[Kenada]

Hiya = Correct your time hasn't started until you fie 🙂

FAR 05/27/14; 786/110 - Done !

[Kenada]

Hiya!

I need some help in understanding this Question in Wiley as I didn't get it right, nor did i understand how they got to answer D.. If someone has a good method on calculating recapture alimony can you kindly share it please 🙂

Qu 26 ( Module 35)

Bob and Sue were divorced in 2010. Under the terms of their divorce decree, bob paid alimony to sue at the rate of 50,000 in 2010, 20,000 in 2011 and nothing in 2012. What amount of alimony recapture must be included in bob gross income for 2012?

a 0

b 23,283

c 30,000

d 32,500

FAR 05/27/14; 786/110 - Done !

[Kenada]

Hiya!

I need some help in understanding this Question in Wiley as I didn't get it right, nor did i understand how they got to answer D.. If someone has a good method on calculating recapture alimony can you kindly share it please 🙂

Qu 26 ( Module 35)

Bob and Sue were divorced in 2010. Under the terms of their divorce decree, bob paid alimony to sue at the rate of 50,000 in 2010, 20,000 in 2011 and nothing in 2012. What amount of alimony recapture must be included in bob gross income for 2012?

a 0

b 23,283

c 30,000

d 32,500

FAR 05/27/14; 786/110 - Done !

[Vienna]

Insiyah24: You are subject to the recapture rule in the third year if the alimony you pay in the third year decreases by more than $15,000 from the second year or the alimony you pay in the second and third years decreases significantly from the alimony you pay in the first year. There's a worksheet in the IRS publication that walks you through the calculation: https://www.irs.gov/publications/p504/ar02.html#en_US_2012_publink1000176011

[Vienna]

Insiyah24: You are subject to the recapture rule in the third year if the alimony you pay in the third year decreases by more than $15,000 from the second year or the alimony you pay in the second and third years decreases significantly from the alimony you pay in the first year. There's a worksheet in the IRS publication that walks you through the calculation: https://www.irs.gov/publications/p504/ar02.html#en_US_2012_publink1000176011

[Kenada]

Thank you !!

FAR 05/27/14; 786/110 - Done !

[Kenada]

Thank you !!

FAR 05/27/14; 786/110 - Done !

[Skrier]

@Vienna…that worksheet is very helpful in understanding the calculation. Remembering it is a whole different story 🙂

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Skrier]

@Vienna…that worksheet is very helpful in understanding the calculation. Remembering it is a whole different story 🙂

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Vienna]

Skrier: Agreed (: However, that's not covered in Becker at all, and I think it's not heavily tested on the exam. I didn't have one single question (at least that I can remember) and I already took the exam twice (; So I think you're probably ok not remembering it.

[Vienna]

Skrier: Agreed (: However, that's not covered in Becker at all, and I think it's not heavily tested on the exam. I didn't have one single question (at least that I can remember) and I already took the exam twice (; So I think you're probably ok not remembering it.

[Skrier]

@Vienna, I too am using Becker and could not find it anywhere, but I think it is helpful to still know the concept, so for that I am grateful to insiyah24 for posting the question 🙂 Wouldn't want to get blindsided the second time around!

Good Luck and hopefully the third time is the charm for you!

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Skrier]

@Vienna, I too am using Becker and could not find it anywhere, but I think it is helpful to still know the concept, so for that I am grateful to insiyah24 for posting the question 🙂 Wouldn't want to get blindsided the second time around!

Good Luck and hopefully the third time is the charm for you!

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[svwCPA72]

Vienna and Skrier, I'm using Becker too and didn't see anything about alimony recapture. Thanks for posting that up. This is going to be my 4 time taking it but it has been a year and half since the last time I took it.

Does you guys do the simulations in the software? Do you feel it helps? I had done a sim when I was studying for my first test and I felt that it didn't really help. What do you guys think?

Thanks!

BEC: 80(8/10) expired, 77(10/14)!!!
FAR: 79(11/10) expired, 80(8/14)!!!
REG: 66(7/11), 70(1/12), 70(4/12), 73(10/13), 79(5/14)!!
AUD: 43(8/11), 64(10/11), 65(2/12), 69(7/12) 64(10/12), 73(5/13), 64(7/13), 84(11/13)!!! Thank you Another71 for your help!

Becker, Ninja Notes, Audio, Flashcard and Wiley test bank
Yaeger and Wiley book for Audit

I AM DONE!!!!

[svwCPA72]

Vienna and Skrier, I'm using Becker too and didn't see anything about alimony recapture. Thanks for posting that up. This is going to be my 4 time taking it but it has been a year and half since the last time I took it.

Does you guys do the simulations in the software? Do you feel it helps? I had done a sim when I was studying for my first test and I felt that it didn't really help. What do you guys think?

Thanks!

BEC: 80(8/10) expired, 77(10/14)!!!
FAR: 79(11/10) expired, 80(8/14)!!!
REG: 66(7/11), 70(1/12), 70(4/12), 73(10/13), 79(5/14)!!
AUD: 43(8/11), 64(10/11), 65(2/12), 69(7/12) 64(10/12), 73(5/13), 64(7/13), 84(11/13)!!! Thank you Another71 for your help!

Becker, Ninja Notes, Audio, Flashcard and Wiley test bank
Yaeger and Wiley book for Audit

I AM DONE!!!!

[Author]

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