12-14-2019, 01:46 PM
I took the TECEP today. I was a little puzzled by it.
One of the multi-point computational questions asked me to calculated itemized deductions, but every single item on that was listed was a deduction that was no longer allowed after the TCJA was implemented. The syllabus said it's based on current tax year, so I got the 2019 Lasser tax guide for tax year 2018.
I wonder how long it takes for them to provide a score....
I had a question about Partnership interest, but i also had a question about capital losses for a corporation which the tax guide wasn't very helpful, i just assumed rules for individuals applied similarly.
One of the multi-point computational questions asked me to calculated itemized deductions, but every single item on that was listed was a deduction that was no longer allowed after the TCJA was implemented. The syllabus said it's based on current tax year, so I got the 2019 Lasser tax guide for tax year 2018.
I wonder how long it takes for them to provide a score....
I had a question about Partnership interest, but i also had a question about capital losses for a corporation which the tax guide wasn't very helpful, i just assumed rules for individuals applied similarly.
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