Wendy & Carolina_blues, I feel your pain! I e-mailed NC on Wed and asked if they were mailing the scores this week and Phyllis replied “check the website” – which I have been doing all week. I'm hoping tomorrow brings me some news on the Reg score!
As luck would have it the postman did bring me the dreaded envelope this morning! I passed Regulations with an 80! Now just have to wait for Audit to release in a few weeks and hopefully I'm done.
I was wondering if the per casualty loss amount is $500 or $100 for 2009? I'm seeing conflicting information between the Becker text and software. Thanks!
@ NY CPA. I was tought 500 in my review course. But when I was practicing an AICPA recently released CPA question, I could not figure the question out. The only way I could get any of the answers is if I used 100 instead of 500 before subtracting 10% of AGI.
I was so happy to see that u posted this, because I had no idea where the 100 was coming from.
But, to answer your question, it looks like the AICPA is using the $100 threshold instead of 500
“Changes the amount by which all individual taxpayers must reduce their personal casualty or theft losses for each casualty or theft event from $100 to $500. This applies to deductions claimed in 2009. The reduction amount returns to $100 for taxable years beginning after December 31, 2009”
I had a casualty loss question on my exam and could only get the right answer if I used $100 and not $500. I'm positive I had it calculated correctly and that the question was looking for the calc using $100. Strange that Becker posted an update to the text saying it was now $500.
Yeah, on most of the cpa tests, do well on the multiple choice, and if you do not know the answer to the written communication, just sorta BS it but write professionally and you will probably pass. Most people do horrible on the sims anyways.
I surprisingly got my score in the mail on Tuesday (AK) even though my score has not yet posted to the NASBA website. Maybe when I asked that they send me a paper copy of my score that meant I don't get it online? I don't really remember the form I filled out when I applied back in Feb. I had been thinking I had been pushed to Wave 2. Guess not…
BTW I was pretty sure I would score in the low to mid 70s, but got an 89! I still can't believe it. I have this nagging feeling they mixed up my score with someone else!
I used Yaeger (they lecture from Wiley). Since I do finally have a score, I can vouch for them and say I'm glad I paid less. Though I have to say it helps a lot when you have work experience with taxes too. The practice tests from Wiley may humble you but really prepare you.
any news about when the scores will be out for the 2nd wave?! Im dying to know so I can plan out my oct/nov months as I still need to take FAR in Oct/Nov… im hoping I pass so i can focus on FAR for those 2 months
Anyone else getting nervous? This should be the week. Even if we go last (which it seems REG always does), we should have a score this week. Good Luck to everyone 🙂
AUD 95 (3/5/10); BEC 83 (5/28/10); FAR 71, 72, 74, 82 (10/16/10); REG 65,80(11/23/10)
ALL DONE 🙂
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