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Question - Laura and Jason are married and have 3 children, ages 2, 6, and 8. Their adjusted gross income for the year is $95,000. What the maximum they can contribute to their children's Coverdell Education Savings Accounts?
a. $667.
b. $2,000.
c. $1,500.
d. $6,000.
e. $0.
You are working on a part of a repeat audit of a client with a September 30 fiscal year end. The client company is in the insurance brokerage industry.
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