[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]

@Qlad…

You posted this earlier ” In the current year A had wages of $60,000 in wages from full time job. His share of net income as limited partner in the DD ltd. was 10000. He also had a rental loss from house of $30,000 how much net income does A has?

….for this the answer is 40000…

I want to know if the wages were say $130,000…how wud we calculate….i know there is some special calculation if above $100,000 …but can't remember.”

How is this answer 40,000? I thought they had a limit of 25,000 deductible from rental against ordinary if you qualified for it.

So 60,000 + 10,000 – a potential 25,000.???

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

[UCMCPA]

@Qlad…

You posted this earlier ” In the current year A had wages of $60,000 in wages from full time job. His share of net income as limited partner in the DD ltd. was 10000. He also had a rental loss from house of $30,000 how much net income does A has?

….for this the answer is 40000…

I want to know if the wages were say $130,000…how wud we calculate….i know there is some special calculation if above $100,000 …but can't remember.”

How is this answer 40,000? I thought they had a limit of 25,000 deductible from rental against ordinary if you qualified for it.

So 60,000 + 10,000 – a potential 25,000.???

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

[Qlad]

@umcpa…DDLtd is also a passive income ( it is a limited partnership)…so passive gain against loss is $20,000….

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

[Qlad]

@umcpa…DDLtd is also a passive income ( it is a limited partnership)…so passive gain against loss is $20,000….

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

[UCMCPA]

woops. Didn't even see that it was from an LP

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

[UCMCPA]

woops. Didn't even see that it was from an LP

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

[Qlad]

I have done these sims so many times and still doing mistakes…don't know what will i do in the exam…in Threeeeee dayyys…

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

[Qlad]

I have done these sims so many times and still doing mistakes…don't know what will i do in the exam…in Threeeeee dayyys…

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

[jeff]

Free Multi-Jurisdictional Tax BLITZ Video: https://www.another71.com/ninja-blitz/

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

[jeff]

Free Multi-Jurisdictional Tax BLITZ Video: https://www.another71.com/ninja-blitz/

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

[Kenada]

Qlad – All I can say is don't panic. I know you are getting nervous but all i can say is stay calm, keep refreshing your memory but reading your notes and doing progressive tests. It will all come to you in the exam once your adrenaline kicks in.

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

[Kenada]

Qlad – All I can say is don't panic. I know you are getting nervous but all i can say is stay calm, keep refreshing your memory but reading your notes and doing progressive tests. It will all come to you in the exam once your adrenaline kicks in.

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

[Qlad]

thanks insiyah…r u done with all the ch…r u starting ur review soon…. really need some boost by co-ordinating with someone on same page with me…i am a bit tensed about sims bcoz i don't get tax very well…especially when little details kick in…

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

[Qlad]

thanks insiyah…r u done with all the ch…r u starting ur review soon…. really need some boost by co-ordinating with someone on same page with me…i am a bit tensed about sims bcoz i don't get tax very well…especially when little details kick in…

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

[UCMCPA]

I would hope that you don't get too many “detail oriented” questions that trick you.

I'm worried about that because the Becker questions don't seem THAT hard and I know come exam day they will throw a ton of calculations at me.

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

[Author]

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