mikee161
New Member

Get your taxes done using TurboTax

Thanks for your reply.  I am working under the assumption based on my research that under the construction easement agreement payment of severance damages to land retained by the owner can be offset against the basis of the land and is not taxable income. I do have to report it received but it is difficult to determine where to offset the income with an expense/deduction.  Seems too complicated a situation to file myself.  I may try a different method to file