Question: Benjamin and Ester file a joint return and have AGI of $ 1 6 5 , 0 0 0 . Both are active participants in

Benjamin and Ester file a joint return and have AGI of $165,000. 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 2021. What is the maximum permitted Coverdell Education Savings Account contribution that Benjamin and Ester can make in 2021?
Group of answer choices
$2,000.
$0.
$1,500.
$500.

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