The amount for damages can be applied against the cost of the repairs that you had to do.
The permanent easement is treated as a sale and if the cost of the land is high enough it will not create any taxes, as it will just reduce the basis in the land.
To enter your Investments sold For Permanent Easement
Click on Federal Taxes
Click on Wages and Income
Click on I'll choose what I work on
Scroll down to Investments
On Stocks, Bonds, Other, click the start or update button
Please see this answer I gave two years ago as the law still applies.
https://ttlc.intuit.com/replies/5793610
