[CPAchronicles]

Hi,

anyone else overwhelmed with the 14938129048-3914 tax phase outs? Think its safe to say its impossible to memorize all of them?

[CPAchronicles]

Or another way to ask, for those of you that didn't focus on memorizing the phaseouts but rather, focused more on the concepts and calculations – what was your score?

[Sir Study Alot]

I got a 77 on Reg Window 2, 2014 and didn't even consider those phase outs. My score was really low on business law conxepts and comparable or stronger on tax topics. I think you may be over thinking the book knowledge. If you do the multiple choice in your review course 2 to 3 times you will not have to worry about the trivial tax concepts, because the exam tends to test on general tax concepts as reflected by your test bank.

Passed all 4 exams in 2014!

[CPAchronicles]

Thanks! I am using Becker and didn't want to regret not trying to remember the phase outs- I am guessing understanding the concepts and itemized deduction calculations would be best.

[Anonymous]

They don't really test phaseouts. I saw them on Becker MCQs and never saw them on the exam. Too much opportunity to put forth antiquated material on the actual exam. That would be embarrassing!

[CPAchronicles]

great thanks so much!

[Anonymous]

I am using Yaeger to review and Phil says to not worry about phaseouts, it is impossible to memorize them all.

[rfc63]

Understanding how phase outs work is more important than knowing them all. I knew the basic ones (10% medical, 50% charity), 2% business expenses) and got a 78.

[CPAchronicles]

Great, thanks!

[Author]

Replies