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Which of the following statements is not correct concerning how Roth IRA distributions are taxed? A. A nonqualified distribution is considered made from contributions first.

Which of the following statements is not correct concerning how Roth IRA distributions are taxed?

A. A nonqualified distribution is considered made from contributions first.

B. A qualified distribution can still be subject to the 10% penalty if the conversion amount has not been in the Roth IRA for at least 5 years.

C. No Roth IRA distributions are required while the owner is alive.

D. Qualified distributions are tax-free.

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Previous Question Next Question

	A.	A nonqualified distribution is considered made from contributions first.
	B.	A qualified distribution can still be subject to the 10% penalty if the conversion amount has not been in the Roth IRA for at least 5 years.
	C.	No Roth IRA distributions are required while the owner is alive.
	D.	Qualified distributions are tax-free.