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Good news is that the easement income you received is not income to you if it is less than the cost of the land.  It does however reduce the cost (or basis) of the land, when and if it is sold.

If this is the case, the payment is reported in the Investment section and the cost would be the same as the income, ie, no gain or loss. 

See the following similar question I answered earlier on this topic.  If this does not answer your question, please post a comment and I can help.

https://ttlc.intuit.com/questions/3620922

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