Birdwatch Note Rating
2023-05-06 03:48:11 UTC - HELPFUL
Rated by Participant: CB36DD1D5232D89E63810446501BDEBD3C2F98AFB744ED85FB6EB96C51E4A2A7
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