35 Miss. Code R. § 3-03-03-101
Current through May 31, 2024
A taxpayer may exclude from gross income the amount of any damages received under a suit or settlement of a claim on account of personal injuries or sickness. Damages in cases of nonphysical injury equal to the amount of medical expenses for treatment of emotional distress may be excluded from gross income.
35 Miss. Code. R. § 3-03-03-101