DawnC0
Intuit Alumni

Investors & landlords

You report the gain from the excess insurance proceeds on Form 4684 which shows up under 'Other Gains' on Schedule 1 of Form 1040.  In TurboTax, you can report it under Casualties and Thefts which can be found under 'Deductions & Credits'.  For more information on these gains and how to postpone them, see here:  Reporting a Gain on Reimbursement

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