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 AGI does not exceed certain thresholds.
D) Taxpayers who are married and file separately are not allowed to contribute to Roth IRAs.
Correct Answer:
Verified
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