Birdwatch Note Rating
2023-05-09 20:07:36 UTC - HELPFUL
Rated by Participant: 59555E687583BCD0FB19AFB49FA1D82B2CB92E928DB3743142B28C1EE086FB36
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