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Last Updated: Oct 22, 2026
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Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
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| Section | Weight | Objectives |
|---|---|---|
| Federal Taxation of Entities | 23-33% | - Partnerships - C Corporations - Limited Liability Companies - Trusts and Estates - Entity Tax Compliance - S Corporations |
| Ethics, Professional Responsibilities and Federal Tax Procedures | 10-20% | - Federal Tax Procedures - Legal Duties and Responsibilities - Ethics and Professional Responsibilities |
| Federal Taxation of Individuals | 22-32% | - Individual Tax Computation - Gross Income - Deductions - Tax Credits - Property Transactions |
| Federal Taxation of Property Transactions | 5-15% | - Property Tax Basis and Cost Recovery - Gains and Losses - Like-Kind Exchanges and Involuntary Conversions |
| Business Law | 15-25% | - Contracts - Agency - Debtor-Creditor Relationships - Federal Securities Regulation - Business Structure |
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