bmw.cpa, I was struggling with that too. Best advice I can give is to remember that above the line deductions you can get regardless of your income, and most below the line deductions will depend on your AGI, phase outs, percentage etc.
Also, writing up the lists of them – first with the book, and afterwards from your memory helps. One thing I can say – it'll come to you eventually, after enough of MCQ and memorization.
If I took the exam on 8/12, is there a shot in hell I make it in the first wave? I highly doubt it, but was just wondering…and if not, about when would second wave be released?
@bpw – I took Reg on May 12th in the last window and was still in Wave 1. It's kind of a gamble. Assuming you didn't have a new simulation, you stand a chance and it's not impossible.
I have literally not thought about the CPA until today because there was no chance REG would be released. The second that there is a chance scores may come out and I am entirely glued to the computer.
I'm confused about the personal exemption for casualty and theft losses – I thought it was $100 for 2009 (and therefore what will be tested on the exam I have in a week)? I just did the practice exam for Becker and got one of the sims wrong because it said there's a $500 exemption per occurrence? Which is it? I think I'm majorly confused. Help?