In 1998, Delores made taxable gifts to her son of property with an FMV of $200,000. In

Fantastic news! We've Found the answer you've been seeking!

Question:

In 1998, Delores made taxable gifts to her son of property with an 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