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The paper they made you sign was most likely a W9.
In 1996, IRC § 104(a)(2) was amended to exclude from gross income “the amount of any damages (other than punitive damages) received (whether by suit or agreement and whether as lump sums or as periodic payments) on account of personal physical injuries or physical sickness.” IRC § 104(a)
This would not be taxable to you as it paid for your medical only under the physical illness you experienced.
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They would not send the W9 to the IRS but they may send you and the IRS a 1099MISC.
You should contact the company if they send you one and advise them that :
The following damages (other than punitive damages) are not reportable in Box 3 of Form 1099-MISC:
Then request a CORRECTED 1099MISC showing $0
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