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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.).
Lost profits. Taxable as ordinary income. This is because theplaintiff would have had to pay tax on the amounts receivedhad the harm to the plaintiff not occurred (i.e., the plaintiff isplaced in the same position had the defendant not interfered).2. Harm to capital assets.