Pass your actual test with our AICPA REG training material at first attempt
Updated: Sep 06, 2025
No. of Questions: 70 Questions & Answers with Testing Engine
Download Limit: Unlimited
We provide the most up to date and accurate REG questions and answers which are the best for clearing the actual test. Instantly download of the AICPA REG exam practice torrent is available for all of you. 100% pass is our guarantee of REG valid questions.
Exam4Docs has an unprecedented 99.6% first time pass rate among our customers. We're so confident of our products that we provide no hassle product exchange.
1. Ryan, age 57, is single with no dependents. On July 1, 1997, Ryan's principal residence was sold for the
net amount of $500,000 after all selling expenses. Ryan bought the house in 1963 and occupied it until
sold. On the date of sale, the house had a basis of $180,000. Ryan does not intend to buy another
residence. What is the maximum exclusion of gain on sale of the residence that may be claimed in Ryan's
1 997 income tax return?
A) $125,000
B) $320,000
C) $250,000
D) $0
2. In 19X4, Smith, a divorced person, provided over one half the support for his widowed mother, Ruth, and
his son, Clay, both of whom are U.S. citizens. During 19X4, Ruth did not live with Smith. She received
$ 9,000 in Social Security benefits. Clay, a 25 year-old full-time graduate student, and his wife lived with
Smith. Clay had no income but filed a joint return for 19X4, owing an additional $500 in taxes on his wife's
income. How many exemptions was Smith entitled to claim on his 19X4 tax return?
A) 1
B) 2
C) 3
D) 4
3. Rich is a cash basis self-employed air-conditioning repairman with 1993 gross business receipts of
$ 20,000. Rich's cash disbursements were as follows:
What amount should Rich report as net self-employment income?
A) $13,900
B) $14,900
C) $14,100
D) $15,100
4. Barkley owns a vacation cabin that was rented to unrelated parties for 10 days during the year for $2,500.
The cabin was used personally by Barkley for three months and left vacant for the rest of the year.
Expenses for the cabin were as follows:
Real estate taxes $1,000
Maintenance and utilities $2,000
How much rental income (loss) is included in Barkley's adjusted gross income?
A) $(500)
B) $(1,500)
C) $0
D) $500
5. Smith made a gift of property to Thompson. Smith's basis in the property was $1,200. The fair market
value at the time of the gift was $1,400. Thompson sold the property for $2,500. What was the amount of
Thompson's gain on the disposition?
A) $1,100
B) $2,500
C) $0
D) $1,300
Solutions:
Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
I took your course for just couple of weeks and pass my REG with distinction.
I ultimately found, there was no comparison.I used them and cleared the REG exam.
I was little skeptical but once I go through REG study guides and practice test, it dramatically improve my score.
I will recommend Exam4Docs on some famous blogs.
I will try other AICPA exams material later.
Thank you so much!
your REG exams are always great and latest.
Disclaimer Policy: The site does not guarantee the content of the comments. Because of the different time and the changes in the scope of the exam, it can produce different effect. Before you purchase the dump, please carefully read the product introduction from the page. In addition, please be advised the site will not be responsible for the content of the comments and contradictions between users.
Exam4Docs helps you do exactly that with our high quality training materials to pass the actual test. REG practice torrent focused on the exam objective that you need to know before appearing in the exam. The AICPA REG can help you pass your certification exam at first attempt!
Besides, we have the money back guarantee on the condition of failure. You just need to show us the failure score report and we will refund you after confirming.
Test Engine: REG study test engine can be downloaded and run on your own devices. Practice the test on the interactive & simulated environment.
PDF (duplicate of the test engine): the contents are the same as the test engine, support printing.
You will receive an email attached with the REG study material within 5-10 minutes, and then you can instantly download it for study. If you do not get the study material after purchase, please contact us with email immediately.
All the products are updated frequently but not on a fixed date. Our professional team pays a great attention to the exam updates and they always upgrade the content accordingly.
Yes, you will enjoy one year free update after purchase. If there is any update, our system will automatically send the updated study material to your payment email.
We offer some discounts to our customers. There is no limit to some special discount. You can check regularly of our site to get the coupons.
Online Test Engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
Online Test Engine supports offline practice, while the precondition is that you should run it with the internet at the first time.
Self Test Engine is suitable for windows operating system, running on the Java environment, and can install on multiple computers.
PDF Version: can be read under the Adobe reader, or many other free readers, including OpenOffice, Foxit Reader and Google Docs.
Once download and installed on your PC, you can practice REG test questions, review your questions & answers using two different options 'practice exam' and 'virtual exam'.
Virtual Exam - test yourself with exam questions with a time limit.
Practice Exam - review exam questions one by one, see correct answers.
Yes. We have the money back guarantee in case of failure by our products. The process of money back is very simple: you just need to show us your failure score report within 60 days from the date of purchase of the exam. We will then verify the authenticity of documents submitted and arrange the refund after receiving the email and confirmation process. The money will be back to your payment account within 7 days.
Over 67295+ Satisfied Customers