Which of the Following Statements Is Incorrect

question 24

Multiple Choice

Which of the following statements is incorrect?

• A)For traditional IRA distributions,the date on which minimum payments must begin is April 1 of the calendar year following the year in which the taxpayer reaches age 70½.
• B)Taxpayers can roll over plan assets from one plan to another tax-free if certain rules are followed.
• C)Roth IRA distributions are never taxable.
• D)If distributions from a Coverdell Education Savings Account are used for qualified education expenses,the distributions are tax-free.