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neott
Newbie
Newbie

Joined: 02 Jan 2009
Online Status: Offline
Posts: 43

Posted: 20 Mar 2009 at 02:15 \| IP Logged

HI, I'm taking this Reg in May 2009 and I need your advice on changes to tax rates, benefits, & rules.

Should I use 2008's tax rates, personal exemption, standard deduction, modified AGI limits for IRAs, & etc. or the 2009's rates if I see a question covering these topics on the exam? Thank you all in advance!

shalgo
Regular
Regular

Joined: 27 Dec 2007
Online Status: Offline
Posts: 105

Posted: 20 Mar 2009 at 02:55 \| IP Logged

I didn't have a single question in the exam that asked any amount related to any particular year so don't worry they don't ask any rate or limits.Only important amount to remember is section 179 deduction.

__________________
BEC-83
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AUD-79
REG-91

neott
Newbie
Newbie

Joined: 02 Jan 2009
Online Status: Offline
Posts: 43

Posted: 20 Mar 2009 at 03:17 \| IP Logged

Thanks, shalgo. I hope u get a beautiful score on Reg and be done with this exam ^O^

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