Birdwatch Note Rating
2023-05-09 20:07:36 UTC - HELPFUL
Rated by Participant: 9140FCEDE6789AE0AD8B4B23A32F1865429EA346B5E4FA134B762DD01F926B68
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