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 2015?
A) $0.
B) $1,200.
C) $1,500.
D) $2,000.
Correct Answer:
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