Without regard to AGI limitations, what is the maximum contribution permitted to a Coverdell Education Savings Account

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Without regard to AGI limitations, what is the maximum contribution permitted to a Coverdell Education Savings Account in 2018?

a. $500

b. $2,000

c. $5,500

d. The lower of $5,500 or 100% of compensation

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Related Book For answer-question

Fundamentals Of Taxation 2019

ISBN: 9781260158670

12th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Question Posted: Jun 03, 2019 06:07 AM

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Without regard to AGI limitations, what is the maximum contribution permitted to a Coverdell Education Savings Account

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Fundamentals Of Taxation 2019

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