Birdwatch Note Rating
2023-05-06 17:51:09 UTC - HELPFUL
Rated by Participant: 5687076DDE070894D75D3638CBBCA5B18560D77F7D954940E7B3ECD42D589B87
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