CLIENT HAD TRUST ONLY WITH CONDO.  SOLD = PROFIT $29,983.00 BUT LIVED THERE SEVERAL YEARS.    ( 2O OF LAST 5.  SO TRUST TRANSFERS GAIN TO HER 1040.

SO ON 1040, IT SHOWS NET PROFIT BECAUSE OF NET GAIN FROM K-1.

IT CARRIES TO SCH D - BUT I DON;T SEE WHERE TO TAKE THE EXCLUSION.