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stion 17 ng to the next question prevents changes to this answer. Which of the following is correct? None of these The loss basis for

stion 17 ng to the next question prevents changes to this answer. Which of the following is correct? None of these The loss basis for inherited property is the lesser of the decedent's basis or the fair market value on the date of the decedent's death. The gain basis for property received by gift is the lesser of the donor's adjusted basis or the fair market value on the date of the gift. The loss basis for property received by gift is the same as the donor's basis The gain basis for inherited property is different than the decedent's basis Moving to the next question prevents changes to this answer. C

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