All of the following are true regarding IRA contributions EXCEPT:
(A) Although a tax return is filed prior to April 15th, the IRA contribution may be delayed until April 15th.
(B) Contributions may be made at any time between January 1st and April 15th of the following year.
(C) If an extension for a tax return is obtained, the IRA contribution may be delayed until the date the tax return is filed.
(D) Persons not participating in any other type of retirement plan may deduct their IRA contributions up to certain limits.