Valerie and Marty are both age 51 and file a joint return. They have one child who is age 17. They have combined AGI in 2016 of $180,000.

Valerie and Marty are both age 51 and file a joint return. They have one child who is age 17. They have combined AGI in 2016 of $180,000. What is their maximum permitted contribution to a Coverdell Education Savings Account for 2016 assuming no other persons make contributions?

A) $2,000.

B) $0.

C) $6,500.

D) $5,500.