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

question 24

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 2014.What is the maximum CESA contribution Hyman can make for Danielle in 2014?

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

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Definitions:

Damaged Tooth

An injury or deterioration of a tooth structure due to trauma, decay, or other external factors.

Wire Fence

A wire fence is a boundary or barrier made from interconnected strands of wire, often used for security or to contain livestock.

Supervision

The act of overseeing or directing work, people, or activities to ensure that certain standards or goals are met.

Unlocked

Not secured or fastened; often refers to items, devices, or systems that can be accessed without a key or code.