Which of the following statements regarding disaster relief is FALSE?

A: If a taxpayer has a loss to personal-use property from a qualified disaster, the loss amount is first reduced by $500 per event and there is no AGI reduction.

B: Qualified disaster distributions from retirement plans are exempt from the early distribution penalty and income tax.

C:Qualified disaster distributions from retirement plans are reported on the Form 8915-E.

D: Taxpayers may take a qualified disaster distribution of up to $100,000 from retirement plans