Question: Benjamin and Ester file a joint return and have AGI of S165,000. Both are active participants in their employer's pension plan. They have one child,

Benjamin and Ester file a joint return and have AGI of S165,000. Both are active participants in their employer's pension plan. They have one child, Emily, who is age 8 Emily's grandparents contributed $500 to a Coverdell Education Savings Account for Emily in 2020. What is the maximum permitted Coverdell Education Savings Account contribution that Benjamin and Ester can make in 2020? Multiple Choice 50 $500 $1.500 o $2.000

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