While payments received because a person has been physically injured are excluded from gross income, payments on account of non-physical injury are not excluded from gross income.

While payments received because a person has been physically injured are excluded from gross income, payments on account of non-physical injury are not excluded from gross income.

While payments received because a person has been physically injured are excluded from gross income, payments on account of non-physical injury are not excluded from gross income. 



Answer: TRUE