topic My two siblings and I sold a house owned by our grantor trust. We were all trustees. I lived in the home for over five years. Can we take the capital tax exclusion? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-two-siblings-and-i-sold-a-house-owned-by-our-grantor-trust-we-were-all-trustees-i-lived-in-the/01/709241#M93640 <P>My siblings did not live in the home.&nbsp; The trust paid property tax, insurance, and some upkeep.</P> Thu, 06 Jun 2019 14:04:15 GMT m1clarida 2019-06-06T14:04:15Z My two siblings and I sold a house owned by our grantor trust. We were all trustees. I lived in the home for over five years. Can we take the capital tax exclusion? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-two-siblings-and-i-sold-a-house-owned-by-our-grantor-trust-we-were-all-trustees-i-lived-in-the/01/709241#M93640 <P>My siblings did not live in the home.&nbsp; The trust paid property tax, insurance, and some upkeep.</P> Thu, 06 Jun 2019 14:04:15 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-two-siblings-and-i-sold-a-house-owned-by-our-grantor-trust-we-were-all-trustees-i-lived-in-the/01/709241#M93640 m1clarida 2019-06-06T14:04:15Z If it was a Revocable Grantor Trust, YOUR portion of the... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-it-was-a-revocable-grantor-trust-your-portion-of-the/01/709244#M93643 If it was a Revocable Grantor Trust, YOUR portion of the sale that is passed on to you should qualify for the exclusion.<BR /><A href="https://www.law.cornell.edu/cfr/text/26/1.121-1#c" rel="nofollow" target="_blank">https://www.law.cornell.edu/cfr/text/26/1.121-1#c</A> Thu, 06 Jun 2019 14:04:16 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-it-was-a-revocable-grantor-trust-your-portion-of-the/01/709244#M93643 TaxGuyBill 2019-06-06T14:04:16Z