CCA 201346010
Damages
ID:
UILC:
CCA_2013072912563746
104.03-00
[Third Party Communication:
Date of Communication: Month DD, YYYY]
Number: 201346010
Release Date: 11/15/2013
From:
Sent: Monday, July 29, 2013 12:56:37 PM
To:
Cc:
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Subject: Your Question
Once it has been determined ( as in your case) that the damages were received on account of personal physical injury or physical sickness, all compensatory damages, including lost wages, are excludable from gross income under section 104(a)(2). See
Rev. Rul. 85-97 and Schleier, 515 U.S. 323, 330 (1996).
Source: view the official PDF
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