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


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