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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.).
On June 26, 1992, they filed a Report and Acknowledgment of Receipt of Satisfaction of Judgment with the court stating that the wrongful death suit had been settled for $500,000, with $374,000 being paid directly to them and the remainder paid to their attorneys for attorneys' fees and costs.