The present invention is directed to an inside corner framing element for supporting wallboard at the intersection of two adjoining walls made from sheet metal framing members. The inside corner framing element may be characterized as either: (1) an elongated sheet metal strip bent lengthwise two times to define a truncated W-shaped cross-sectional profile with at least one linear receiving slot positioned at an end of the elongated sheet metal strip; or (2) an elongated sheet metal strip bent lengthwise three times to define a W-shaped cross-sectional profile with at least one linear receiving slot positioned at an end of the elongated sheet metal strip.