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Author Question: Which of the following statements regarding Coverdell Education Savings Accounts ... (Read 21 times)

sheilaspns

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on: Sep 13, 2020
Which of the following statements regarding Coverdell Education Savings Accounts is incorrect,__disregarding any AGI limits?
◦ Distributions cannot be used for elementary and secondary education expenses.
◦ Distributions to the beneficiary are not taxable as long as they are used for tuition, fees, room and board.
◦ Contributions can be made until the beneficiary reaches 18.
◦ Contributors can make nondeductible contributions of up to $2,000 for each beneficiary.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by sheilaspns on Sep 13, 2020

bulacsom

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sheilaspns

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review

kishoreddi

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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