Which of the following statements regarding Roth IRAs is False?
A) Contributions to Roth IRAs are not deductible.
B) Qualified distributions from Roth IRAs are not taxable.
C) 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.
D) Taxpayers who are married and file separately are not allowed to contribute to Roth IRAs.

Question

Quizplus · Accepted Answer

Taxpayers who are married filing separately are allowed to contribute but the contribution limit is phased out for modified AGI between $0 and $10,000.

Which of the Following Statements Regarding Roth IRAs Is False