Birdwatch Note Rating
2023-05-07 01:07:51 UTC - HELPFUL
Rated by Participant: 3CE4180E6E4EBBF752C6F25953655ED99B69E85E3C76380E4530294AB6412E37
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