Hyman is age 34, single, and has AGI of $130,000. He would like to contribute to a Coverdell Education Savings Account (CESA) for his niece, Danielle. Danielle's father has already contributed $500 to a CESA in 2015. What is the maximum CESA contribution Hyman can make for Danielle in 2015?
A) $0.
B) $500.
C) $1,500.
D) $2,000.
Correct Answer:
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