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Do we have to pay taxes on a "pain and suffering" award from my auto insurance for my wife, who was injured in a hit-and-run accident in 2015?
Our health insurance covered most of the medical bills. Our auto insurance paid their maximum of $10,000 directly to our health insurance for medical bills. We took deductions for co-pays in our 2015 and 2016 tax returns.
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‎June 3, 2019
2:00 PM