Birdwatch Note Rating
2023-05-09 20:41:11 UTC - HELPFUL
Rated by Participant: 3775ED1DE3786B79414AAA05889A5D2C1E2A6383AF676CAA98C01A120210B30E
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