Question: During 2 0 2 3 , Carl ( a single taxpayer ) has a salary of $ 9 1 , 5 0 0 and interest

During 2023, Carl (a single taxpayer) has a salary of $91,500 and interest income of $11,000. Calculate the maximum contribution Carl is allowed for an educational savings account (Coverdell).
a. $0
b. $400
c. $1,000
d. $2,000
e. Some other amount

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