Coverdell (Education) IRAs


Z

Zilla

Are contributions made "toward" this IRA tax deductable?
Where on 1040?
 
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C

Claude Rains

Contributions to a Coverdell ESA are not deductible, but amounts deposited
in the account grow tax free until distributed.

see IRS Pub. 970, chapter 7 for more details, including age, dollar, and
qualified expense requirements.
 

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