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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 13: Property Transactions: Determination of Gain or Loss, Basis Considerations, and Nontaxable Exchanges-Part 1
  5. Question
    The Basis of Property Received by Gift Is Always a Carryover
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The Basis of Property Received by Gift Is Always a Carryover

Question 183

Question 183

True/False

The basis of property received by gift is always a carryover basis.

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