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Patrick Is Age 30,single,and Has AGI of $101,000

Question 94

Multiple Choice

Patrick is age 30,single,and has AGI of $101,000.He would like to contribute to a Coverdell Education Savings Account (CESA) for his niece,Eileen.What is the maximum CESA contribution Patrick can make for Eileen in 2014?


A) $0.
B) $1,200.
C) $1,500.
D) $2,000.

Correct Answer:

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