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Jason received a home as a gift from his uncle on March 15, 2023. His uncle paid $227,000 and its fair market value on March
Jason received a home as a gift from his uncle on March 15, 2023. His uncle paid $227,000 and its fair market value on March 15 is $392,000. Jason's uncle paid gift tax of $9,300. What is Jason's gain basis and loss basis for the home? (Round answers to 0 decimal ploces, es. 5, 125.] Gain basis Loss basis
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