[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

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

[Anonymous]

wannabe–C

[Anonymous]

@tax lady–Ooooh. Gotcha. Thanks!

[WANNABE_CPA]

@mommy..C is Correct

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[Tax lady]

What are distributions considered when current earnings and profits (E&P) are positive and accumulated earnings are negative?

REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
AUD 5/30/15 (80)
BEC 11/28/15 (75)
FAR 7/30/16

Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

[WANNABE_CPA]

@taxlady.. i have good feeling for your test, i think you will make it..i was hoping you say AUD, i might start AUD right after the REG test..I am planning to take AUD in 1st week of Jan.

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[WANNABE_CPA]

@taxlady, distributions only from Current E&P: Dividends

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[Tax lady]

@wannabe. That would be awesome!! We could help each other again. 🙂

REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
AUD 5/30/15 (80)
BEC 11/28/15 (75)
FAR 7/30/16

Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

[Tax lady]

Yes! Divs are correct.

REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
AUD 5/30/15 (80)
BEC 11/28/15 (75)
FAR 7/30/16

Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

[Tax lady]

@wannabe. Is AUD your last?

REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
AUD 5/30/15 (80)
BEC 11/28/15 (75)
FAR 7/30/16

Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

[WANNABE_CPA]

Yeah…only if I pass REG now 🙂

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[Tax lady]

I think you will do just fine. I'm praying for us both!

REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
AUD 5/30/15 (80)
BEC 11/28/15 (75)
FAR 7/30/16

Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

[Tax lady]

And mama, Zubairs, Bucky, Elle, etc etc.

REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
AUD 5/30/15 (80)
BEC 11/28/15 (75)
FAR 7/30/16

Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

[WANNABE_CPA]

Tom Lewis, an individual taxpayer, had his personal residence damaged in 2014 by a severe thunderstorm. This same thunderstorm also caused damage to Todd's car that was parked in his driveway. Six months later (and in the same tax year), a windstorm uprooted three trees in Tom's front yard. Total casualty losses (after insurance reimbursements) are as follows:

Residence damage due to thunderstorm $2,000

Car damage due to thunderstorm 500

Tree damage due to windstorm 600

What is Tom's net deduction for casualty losses in 2014 (before any reduction relating to adjusted gross income)?

A.

$3,100

B.

$3,000

C.

$2,100

D.

$2,900

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[Anonymous]

D

[Anonymous]

Please pray for me. 🙂 I cannot go into 2015 with the pressure of losing BEC in February if I don't pass REG this time. Please, please, please give me all the good vibes you've got. I have been at this since May of last year and I am exhausted, stressed, and over this crap.

[Author]

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