MaryK4
Expert Alumni

Get your taxes done using TurboTax

You will have to enter as a Casualty Gain, where it is reported on Form 4684 and Schedule D Line 11B as a long-term capital gain.  You will find the entry under Deductions & Credits (see below).  You will have to carefully enter all the information and TurboTax will created the forms and enter the information for your tax return.

 

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