Hyman Is Age 34,single,and Has AGI of $130,000

question 87

Multiple Choice

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 2017.What is the maximum CESA contribution Hyman can make for Danielle in 2017?

• A)$0.
• B)$500.
• C)$1,500.
• D)$2,000.

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