If I received about one million dollars for physical injuries this year from a car accident. I put the check in Wells Fargo and got 18 grand plus 1400 a month in SS?

Do I have to do taxes for the 18 grand interest plus my 1400 a month SS check? Many hospital visits this year.

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You have to report all income. You can use your medical expenses as an itemized deduction but can only deduct a total of medical expenses greater than 7.5% of your AGI. That’s only helpful if your total itemized deduction is greater than your standard deduction.