Birdwatch Note Rating
2023-05-05 20:52:10 UTC - HELPFUL
Rated by Participant: 3D67A4476A1E4AD428A94B8BD0C162117A5172FDFC4EF4544D7242CDB5468E46
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