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Does the CFP exam test current year tax numbers or the prior year numbers? |
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The March exam will test the prior year tax rates, inflation adjusted numbers, phaseouts, etc. The July and November exams test the current year tax rates, phaseouts, and inflation adjusted numbers. For example: March 2010 Exam tests 2009 numbers. The July and November 2010 exams test 2010 numbers only. |