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In that case, you'd report the medical expenses related to the incident as miscellaneous (other) income. Punitive damages are taxable except in certain wrongful death cases, as are awards for employment discrimination and injury to reputation (libel, slander, defamation, etc.).
When someone is planning for the financial security of individuals in the event of his or her death; it helps to understand how death benefits from a life insurance policy can be classified as non-taxable or taxable. 1. Single payments from policies, not owned by the deceased are not subject to taxation.