Question
Which of the following statements regarding Roth IRAs is false? Multiple Choice Contributions to Roth IRAs are not deductible. Qualified distributions from Roth IRAs are
Which of the following statements regarding Roth IRAs is false?
Multiple Choice
- Contributions to Roth IRAs are not deductible.
- Qualified distributions from Roth IRAs are not taxable.
- Whether or not they participate in an employer-sponsored retirement plan, taxpayers are allowed to contribute to Roth IRAs as long as their modified AGI does not exceed certain thresholds.
- Married taxpayers who file separately are not allowed to contribute to Roth IRAs.
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