TaxGuyBill
Level 15

@The208Accountant wrote:

 

A client has been in a nursing home for 10 years due to his inability to care for himself.

and you use the residence as your principal residence for 12 months in the 5 years preceding the sale or exchange,


 

If the taxpayer did not use the home has their principal residence for 12 months in the last 5 years, no, the exclusion does not apply.