Written By Guest Blogger Shelley C.
I hope all of you are finding success in your studying. I feel I should be further along in my progress than I am and this week I did some analysis of my studies. I found that there are some sections that need more time than others. I can’t write down that I will complete a section every other day. One of those sections might need more review for me to internalize the concept. I am finding that to be true for Sec. 152, which covers the Qualifying Child and the Qualifying Dependent. Although I have been doing taxes for over 13 years, I know my clients and what their filing status is and why.
The EA Review questions bring up many different scenarios that I would not likely come across in my practice. Although my client’s situations change, if their filing status requires me to look up the law and review it, I have that option during tax season. Now I am required to memorize the law and apply the law in a variety of situations.
I personally find this part of the code to be confusing. In my review, I realized that, although I had read it in the book and listened to it on my mp3 player, I still was not able to digest the law so that I could apply it in a variety of filing situations. I have written note cards diagramming the two different areas, the qualifying child and the qualifying dependent. Then I have gone over each of the review questions in the EA Exam book. This allowed me to write additional notes in the margins of the book and write in my own words covering why each of the situations would apply. I was also able to write down why each of the situations would not apply. Yes the book does a great job doing this for me, but I learn better if it is in my own words. I would then go to my note cards and be sure I had all of the information written down. Good luck with this concept. I’m glad I can review it again as my clients’ situations change.