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Level 1
June 5, 2019
Question

Do I have to report proceeds received from pipeline easement under eminent domain.

  • June 5, 2019
  • 1 reply
  • 0 views

This is a permanent easement. Do I have to report and psy taxes on gain even though I am not selling my land?

1 reply

Level 15
June 5, 2019

Please read this answer from TurboTaxRichardG which addresses your question:

https://ttlc.intuit.com/replies/5807232


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