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March 24, 2023
Question

How do I report money received after the city expropriated some of our land?

  • March 24, 2023
  • 1 reply
  • 0 views
The city bought a piece of our property to widen the road - so just wondering where we report the money we received

    1 reply

    TurboTaxSusan
    March 29, 2023

    You can report it as a capital gain/loss. Use the “Find” tool 🔍 to search for “cap”. Select “Capital Gains/Losses” and then click the “Go” button.