A beneficiary acquired property from a decedent. The fair market value at the date of...
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A beneficiary acquired property from a decedent. The fair market value at the date of the decedents death was $100,000. The decedent had paid $130,000 for the property. Estate taxes attributed to the property were $2,000. The beneficiary sold the property 2 years after receipt from the estate. What is the basis of the property for the beneficiary?
$100,000
$130,000
$102,000
$132,000
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