Birdwatch Note Rating
2023-05-06 03:28:31 UTC - HELPFUL
Rated by Participant: 1DBEAB0B5157D62752F88EBDA399808A205C7D049058421E059BFE1D1D381C5D
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