A lot of very good advice was presented earlier. In response to your latest post, any taxable event (for punitive damages which the payer accurately considers taxable and reports that way) would be allocable to the year in which it’s actually received by you. So although it’s been in the works, it looks like it will be going on your 2023 tax return a year from now.
I’m sorry to hear about your dog, dussellrott!
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