Sec. 203. Basis of property acquired from a decedent
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/bill/116/hr/2452/ih/section-203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 1014 of the Internal Revenue Code of 1986 is amended by striking person, be and all that follows through the period at the end and inserting the following: person, be the basis in the hands of the decedent. . The amendments made by this section to property acquired or passed after the date of enactment of this Act.