Coverdell ESA Contributions
  Definition
Shows your Coverdell ESA Contributions made on your behalf in 2014 and through April 15, 2015 that were designated for tax year 2014.

These contributions are not deductible on your income tax return. If the total contributions made to all your Coverdell ESAs for 2014 exceeded $2,000, you must withdraw the excess, plus earnings, by June 1, 2015 or you may owe a penalty. You must keep track of your Coverdell ESA basis (contributions and distributions). For more information about Coverdell Education Savings Accounts, see Publication 970, Tax Benefits for Education.