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1 from her grandmother when the rest other 7.000 years here we are the death, were putetion on the house a cost of $40,000 the

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1 from her grandmother when the rest other 7.000 years here we are the death, were putetion on the house a cost of $40,000 the date of them of the house 347,600 The need to start what he grantes ? X 1. Jane inherited a house from her grandmother who died in the current year. Her grandmother paid $275,000 ten years prior to her death. Two years prior to her death, Jane's grandmother put an addition on the house for a cost of $40,000. On the date of her death, the fair market value of the house was $347,000. The estate was not required to file a federal estate tax return. What is Jane's basis in her grandmother's house? 0.50 x b. $275.000 e $315,000 4 5347.000

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