Deductions & credits
You will need a desktop (CD/Download) version of TurboTax to make the election to defer gain on a casualty loss. See Where can I find form 1033, a form to defer capital gains tax on a gain received due to the casualty... for additional discussion and explanation of this issue.
Enter "defer casualty gain" in the Search Topics box of TurboTax Home & Business, and select to navigate to the interview. When you complete the interview, an IRC Section 1033 (a)(2)(A) election form will be generated
The attached screenshots provide a sample of the interview screens and the form that you will see:
