Education Tax Benefits EXAM EDUCATION TAX BENEFITS Question ( 17 ee ) of 20 ( 0 h: 52 m: 09 s ) Alan has five children and wants to establish Coverdell education savings accounts for them. Assuming no other ESA contributions are made for the children this year, what is the maximum amount he can contribute to the five ESAs? ( $ 2,000 ) ( $ 5,000 ) ( $ 10,000 ) ( $ 15,000 )

Alan has five children and wants to establish Coverdell education savings accounts for them. Assuming no other ESA contributions are made for the children this year, what is the maximum amount he can contribute to the five ESAs? $2,000 $5,000 $10,000 $15,000