My home was destroyed by a tornado in 2020 and declared a total loss by my insurance. I had a replacement policy and decided to purchase a house rather than rebuild. I purchased a house in 2020. The settlement included Dwelling, Personal Property, and Living Expenses. Does any of this need to be reported. If so, how? After the dwelling was hauled away, I sold the lot. Where on my Turbo Tax do I report this.
Thanks for any help on this.
