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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.).
Prize money and winnings from writing competitions are a taxable source of income. Well, I assumed (wrongly) that any money received as a prize is not subject to tax.The prize money received is treated as a professional receipt as you entered the competitions of your own accord so should be included on your self employed schedule for this source of income. As the prize is taxable then the competition entry fees will be an allowable expense against such income.â.