Birdwatch Note Rating
2023-05-09 20:41:11 UTC - HELPFUL
Rated by Participant: 1CD9B5097F2D8C7A6FE3179730F7A3C14691F54F4788BBEF2C2C6F3955B0526F
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