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Get your taxes done using TurboTax
if the trust happens to be a grantor trust, then it is disregarded for federal income tax purposes and, therefore, the transaction is treated as if you (and your spouse?) sold the house as individuals.
As a result, you may qualify for the home sale exclusion per Section 121-1.1(c)(3).
‎September 19, 2025
7:23 AM