Birdwatch Note Rating
2023-05-09 20:12:00 UTC - HELPFUL
Rated by Participant: 609BB950B43E241E3628AC8F9B68C76E68137521AAB7C7F0733834B8BFD601EA
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