8 The following are true related to Roth IRAs except

A. contributions to a Roth IRA are deductible if the modified AGI limitation has not been met.

B. contributions to Roth IRAs can be made after the owner has reached age 70 1/2.

C. contributions to Roth IRAs are subject to special modified AGI limitations.

D. withdrawals from a Roth IRA are not taxable if such withdrawals are qualified distributions.

9 Business meals and entertainment expenses must be reduced by 50%. If the taxpayer is self-employed, the reduced business meals and entertainment expenses are considered itemized deductions subject to the 2% nondeductible floor.

True

False

10 Reimbursed employee transportation expenses are deductible from AGI as itemized deductions subject to the 2% nondeductible floor for miscellaneous itemized deductions.

True

False