Are medical settlements for malpractice taxable?

Had surgery and a sponge was left within me which caused illness and another surgery. There be a settlement paid to me. Is is taxable?
"> This is not taxable.

Reference IRS publication 525-Taxable and Non-Taxable Income

"Do not include in your income compensatory damages for personal physical injury or physical sickness (whether received within a lump sum or installments). " Source(s): www.irs.gov
Settlement for injury is not taxable. If it is for lost wages or interest, it is taxable. Read about settlement taxes http://taxipay.blogspot.com/2008/08/us-i…


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