topic Tax Year Prior to 2020: I was in an accident and recieved a settlement that paid my medical expenses and also gave me extra money. Do I claim that money or add those medical expenses to my taxes? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax-year-prior-to-2020-i-was-in-an-accident-and-recieved-a-settlement-that-paid-my-medical-expenses/01/583580#M75913 Mon, 01 May 2023 19:26:08 GMT austinjames14 2023-05-01T19:26:08Z Tax Year Prior to 2020: I was in an accident and recieved a settlement that paid my medical expenses and also gave me extra money. Do I claim that money or add those medical expenses to my taxes? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax-year-prior-to-2020-i-was-in-an-accident-and-recieved-a-settlement-that-paid-my-medical-expenses/01/583580#M75913 Mon, 01 May 2023 19:26:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax-year-prior-to-2020-i-was-in-an-accident-and-recieved-a-settlement-that-paid-my-medical-expenses/01/583580#M75913 austinjames14 2023-05-01T19:26:08Z No.  You will generally neither claim the income nor the... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-you-will-generally-neither-claim-the-income-nor-the/01/583584#M75914 <P><B>No.&nbsp; You will generally neither claim the income nor the expenses.</B>&nbsp; However, if part of the settlement is for mental anguish or punitive types of damages, that portion must be included as income. (see below)&nbsp; Since the settlement for injury is not taxed, you cannot take a tax deduction for the medical expenses paid by those fund.</P><P></P><P> </P><P> <B>Are legal settlements taxable?</B> </P> <P> <A href="https://ttlc.intuit.com/replies/4787698" target="_blank">https://ttlc.intuit.com/replies/4787698</A> </P> <P></P><BR /> Wed, 05 Jun 2019 22:54:02 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-you-will-generally-neither-claim-the-income-nor-the/01/583584#M75914 KarenL2 2019-06-05T22:54:02Z If a portion (not sure of the exact amount) of the settle... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-a-portion-not-sure-of-the-exact-amount-of-the-settle/01/583588#M75915 If a portion (not sure of the exact amount) of the settlement money was for loss of wages, do I include this in my taxes? Wed, 05 Jun 2019 22:54:04 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-a-portion-not-sure-of-the-exact-amount-of-the-settle/01/583588#M75915 austinjames14 2019-06-05T22:54:04Z