What COVERDELL EDUCATION SAVINGS ACCOUNT (ESA) means: A tax-favored savings plan under which any number of taxpayers may contribute up to a total of $2,000 per year per eligible beneficiary. Contributions are nondeductible. Earnings withdrawals are tax free and penalty free if they do not exceed the amount of qualified education expenses for the year.
- Definition CLADR:
- Dictionary See Class Life Asset Depreciation Range coverdell education savings account (esa) definition.
- Definition Change In Accounting Method:
- Dictionary A change from one accounting method to another, which usually requires prior approval from the IRS. A change generally requires adjustments to avoid omissions or duplications coverdell education savings account (esa) explain.
- Definition Call:
- Dictionary An option to purchase a security at a fixed price within a specified period of time coverdell education savings account (esa) what is.
- Definition Corporation:
- Dictionary purposes, an entity that is incorporated under the laws of a state, a foreign entity that is treated as a corporation under IRS regulations, or an unincorporated entity that elects to be taxed as a coverdell education savings account (esa) meaning.
How works Coverdell Education Savings meaning in Tax definitions C .
