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    Business
  3. Study Set
    Individual Taxation
  4. Exam
    Exam 14: Property Transactions: Basis Determination and Recognition of Gain or Loss
  5. Question
    The General Rule for Determining the Basis of Property Acquired
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The General Rule for Determining the Basis of Property Acquired

Question 54

Question 54

True/False

The general rule for determining the basis of property acquired from a decedent does not apply to income in respect of a decedent.

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