In general
In the case of a decedent dying after December 31, 1981 , if—
(A)#
appreciated property was acquired by the decedent by gift during the 1-year period ending on the date of the decedent’s death, and
(B)#
such property is acquired from the decedent by (or passes from the decedent to) the donor of such property (or the spouse of such donor),
the basis of such property in the hands of such donor (or spouse) shall be the adjusted basis of such property in the hands of the decedent immediately before the death of the decedent.