I am currently studying for REG. Is it absolutely necessary to memorize every dollar amount and related phaseout amounts? Or should I try to focus on understanding the rules mostly? There are so many phase outs my head is spinning 😣😣.

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No, don’t learn the phase outs exact numbers just the general number. When doing a multiple choice question try to recognize if the amount sees way high or low. The multiple choice questions usually try to make it pretty obvious.

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