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Deductions & credits
If it was a Revocable Grantor Trust, YOUR portion of the sale that is passed on to you should qualify for the exclusion.
https://www.law.cornell.edu/cfr/text/26/1.121-1#c
https://www.law.cornell.edu/cfr/text/26/1.121-1#c
‎June 6, 2019
7:04 AM