Birdwatch Note Rating
2023-05-06 01:01:52 UTC - HELPFUL
Rated by Participant: 1566AB48FADDCEA6282D66C59EBB0E01BFE1D777AF1257A56C3F53530B74849E
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 the recipient, there was nothing for Justice Thomas to declare on his taxes. 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