The Holding Period of Property Acquired by Gift May Begin

Multiple Choice

The holding period of property acquired by gift may begin on:

A) The date the property was acquired by the donor only.
B) The date of gift only.
C) Either the date the property was acquired by the donor or the date of gift.
D) The last day of the tax year in which the property was originally acquired by the donor.
E) None of the above.