Benjamin and Ester File a Joint Return and Have AGI

question 14

Multiple Choice

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 $1,000 to a Coverdell Education Savings Account for Emily in 2014.What is the maximum permitted Coverdell Education Savings Account contribution that Benjamin and Ester can make in 2014?

• A) $0.
• B) $1,000.
• C) $2,000.
• D) $5,500.

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Definitions:

Pole Polarity

Refers to the magnetic polarity (north or south) of the poles in a magnetic field, crucial in the functioning of electric motors and generators.

Lines of Magnetic Flux

Imaginary lines representing the strength and direction of a magnetic field, where the density of lines indicates the field's intensity.

Synchronous Speed

The speed at which the magnetic field in an AC motor rotates, dependent on the frequency of the supply current and the number of poles in the motor.

Turning Torque

The torque required to initiate rotation of a body from rest or to maintain rotation at a constant angular velocity.