Birdwatch Note Rating
2023-05-06 02:40:18 UTC - HELPFUL
Rated by Participant: AAEEF1C7CC94F7BD7D7FDD7428BA0366224621618FD93D28E5E69B0C41788C43
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