David Gave Property with a Basis of $1,330 to Hannah

question 29

Multiple Choice

David gave property with a basis of $1,330 to Hannah when the property had a FMV of $1,000 and paid gift taxes of $80.If Hannah later sells the property for $1,400,Hannah's basis (to determine gain) in the property immediately before the sale is

• A)$1,000.
• B)$1,080.
• C)$1,330.
• D)$1,410.

---

Definitions:

Dressing

A sterile pad or compress applied to a wound to promote healing and protect the area from further harm.

Analgesic Medications

Drugs designed to relieve pain without causing the loss of consciousness.

Sterile Gloves

Medical gloves that have been treated to be free from all microorganisms, used to prevent contamination during medical procedures and surgeries.

Impaired Skin Integrity

A disruption in the normal structure and function of the skin, which could be due to injury, wound, or pressure sore.