In the current year, a taxpayer contributes $1,500 to a Coverdell ESA account on behal off a

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In the current year, a taxpayer contributes

$1,500 to a Coverdell ESA account on behal off a beneficiary. If the income phase-out rules do not apply, what is the maximum allowable amount that others may contribute to the same beneficiary’s account in the current year?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 03:07 AM

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In the current year, a taxpayer contributes $1,500 to a Coverdell ESA account on behal off a

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CCH Federal Taxation Basic Principles 2020

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