Delores estate tax base

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Reference no: EM13129942

In 1998, Delores made taxable gifts to her son of property with a FMV of $200,000. In the current year when Delores dies, the property is worth $800,000. The amount included in Delores's estate tax base because of the 1998 gift is:

a.$0.

b.$189,000

c.$200,000

d.$800,000

Reference no: EM13129942

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