Birdwatch Note Rating
2023-05-09 20:17:44 UTC - HELPFUL
Rated by Participant: 01A1B2771FF4BEFB03BDE35C77B30074DFD192025205E9302EEAF56A397DB959
Participant Details
Original Note:
The IRS makes it clear that reporting and paying gift taxes are the responsibility of the donor (person making the gift), not the recipient of the gift. As such, there was nothing for Justice Thomas to "report" or "pay taxes on" to the IRS. https://www.irs.gov/pub/irs-news/at-01-31.pdf https://www.irs.gov/faqs/interest-dividends-other-types-of-income/gifts-inheritances/gifts-inheritances-1 https://www.irs.gov/instructions/i709
All Note Details