Your gain is calculated as sales price minus cost basis and then any adjustments (Column G) to yield the gain in column h. So your gain is 425,000 minus 351,934 and the total adjustment (-73,066) is in column G for a gain of zero in column h.
If for example you had not qualified for the partial exclusion your schedule D would have read:
Gain
425,000 351,934 -28,000 45,066
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
