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Insurance profit income from Disaster

nabonabo
Level 3

Hello.

My client got income from Insurance company due to Disaster for his rental property.

He got $100K from insurance and used $50K to fix his property.

I am trying to use Form 4797 to be included his profit $50K.

But only Schedule D comes up.

Does he need any other forms when he file this $50K?

Thank you for your time.

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