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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.).
The portion of your settlement paid for pain and suffering and emotional distress is usually not taxable. The IRS considers such payments reimbursement for your actual injuries. A physical injury can be diagnosed in medical terms, but the pain and suffering associated with that same injury cannot.