INCORRECT!
Oops! Don't Give Up!
“A tax loophole is something that benefits the other guy. If it benefits you, it’s tax reform.” — Anonymous
Need A Hint?
An extension gives more time to file the return, but not more time to pay tax owed.
Did You Also Know...
By Quiz Coins
Roth IRAs are funded with after-tax dollars so qualified withdrawals are tax-free, while traditional IRAs offer tax-deferred contributions.