Hard for me to tell from the pic, but is that an outside corner?
yes. there is a truss connection at that corner and a great room there. its truss movement that opens and closes with the seasons.
Gotcha.
I'd put a piece of outside corner molding, or some type of molding over it and call it day.
Like said, if you do a conventional tape and mud repair, it's just going to crack again with the movement.