What is taxable in Personal injury settlement under the US tax code?

[susjansentosa]

u don't have to pay taxes on the amount awarded for personal injury. punitive damages must be included in your gross income. if you have compensatory damages, you exclude the amount given for physical personal injury.

 

[dee_dub]

Why are you randomly plagiarizing other sites?

http://www.zimbio.com/Injury+Lawyers/articles/298/taxable+Personal+injury+settlement+under+tax