Is pain and suffering taxable?

[isplkr]

What is the name of your state? DE; but the accident occurred in PA and was settled there as well.

We just settled a lawsuit for a car accident in which we were the victims. We are receiving an award for pain and suffering which my wife endured; but I had never considered any tax implications. Is this type of award taxable?

 

[tranquility]

Amounts received as damages (for torts) for physical injuries or sickness are excludable from income. Emotional distress is not included in this, except for the actual cost of any medical treatment for that distress.

When you use the term "pain and suffering" you are not describing the type of damages enough to give an answer.