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LUCKY_DIMON [66]
3 years ago
11

Jim and Carolyn, who are married, establish a Coverdell Education Savings Account to pay for the future college expenses of thei

r infant son. They file jointly and have a modified AGI of $100,000. What is the maximum contribution they can make to a CESA in the current year?
Business
1 answer:
nasty-shy [4]3 years ago
5 0

Answer:

$2000

Explanation:

CESA is a tax deferred account founded by the USA government  to support educational expenses for children that are not more than 18 years of age .

CESA , an acronym for coverdell education savings accounts allows a couple who filed jointly with a modified adjusted income that is not more than $220,000 to contribute not more than $2000 per student for each year.

The contribution is tax free assuming it is less than the account holder's annual adjusted qualifies expenses

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Answer:

a. They are what households or firms pay for products or resources.

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Being a first mover in a market is advantageous for a firm because:

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4 years ago
Which of the following products probably accounted for by a company using a job order costing system? A) facial tissue B) Hershe
natka813 [3]

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Explanation:

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4 years ago
Choose the preferred sentence from each pair and justify your choice. a. (1) Lindsay's request to telecommute was denied, but sh
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Answer:

(2). Although her request to telecommute was denied, Lindsay will begin a flextime schedule in two weeks.

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3 years ago
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