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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 7: Capital Gains and Other Sales of Property Schedule D and Form 4797
  5. Question
    The Basis of Inherited Property to the Beneficiary Is the FMV
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The Basis of Inherited Property to the Beneficiary Is the FMV

Question 70

Question 70

True/False

The basis of inherited property to the beneficiary is the FMV at the date of death or alternate valuation date.

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