Loss of Consortium Damages Excludable under IRC § 104(a)(2)
A couple of years back, Uncle Bill was in an unfortunate forklift accident. Bill filed a lawsuit in Maine, where the accident occurred, and in the complaint, Bill alleged that the injuries and damages suffered were the result of acts of negligence, reckless, willful and/or wanton acts of the tannery for whom Bill was employed. The lawsuit requested damages for economic injuries (medical bills), for noneconomic injuries of mental anguish, loss of enjoyment of life,